IBIO Stock Catalyst: iBio Completed Warrant Inducement Transaction

Apr 28, 2025 · 7:59pm ET

The company issued new shares and warrants to purchase additional shares.

Max move

+48.6%

High of day $1.62

Sparker timei

7:59pm ET

IBIO · Apr 28, 2025

CATALYST DATE · 1-MINUTE BARS

Catalyst Summary

iBio, Inc. completed a warrant inducement transaction on April 29, 2025. The company issued 5,626,685 shares of its common stock and warrants to purchase an additional 11,253,370 shares.

The transaction involved the issuance of shares at $1.11 per share and warrants with an exercise price of $0.86 per common share. The total consideration for the transaction amounted to $6.2 million.

This summary was generated by AI from public sources and may contain errors. Not financial advice. Trade at your own risk.

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