Equillium Inc. has entered into a Securities Purchase Agreement with certain institutional and accredited investors to sell and issue shares of its common stock and pre-funded warrants in a private placement transaction. The initial closing is expected around August 12, 2025. The transaction could generate gross proceeds of up to approximately $20 million for Equillium.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Equillium Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-177510), on August 11, 2025, and is solely responsible for the information contained therein.