Azitra Inc. has announced a significant modification to its financial agreement with Alumni Capital LP, enhancing its ability to raise capital. Under the revised terms, Azitra can elect to sell up to $20 million in common stock shares to Alumni Capital in a series of transactions. The Purchase Agreement, initially established in April 2025, allows for individual purchases of up to $750,000, with the potential to increase to $4 million upon mutual agreement. The company now has two options for pricing these shares, based on specific periods' lowest stock prices, with slight discounts applied. This strategic move is expected to bolster Azitra's financial flexibility and support its ongoing growth initiatives.
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