BioAtla Inc. has entered into new Pre-Paid Advance Agreements with YA II PN, Ltd., Anson Investments Master Fund LP, and Anson East Master Fund LP. Under the agreements, the investors will advance $7.5 million to BioAtla, with the company receiving approximately $7.13 million in gross proceeds after purchasing the advance at 95% of its face value. The transaction is expected to close on or about November 21, 2025, subject to customary conditions. BioAtla may repay the advance in cash or as otherwise agreed with the investors. The agreements also include a restriction preventing BioAtla from entering into variable rate transactions with other parties until the advance is fully repaid.
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. BioAtla 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: 0001193125-25-290474), on November 21, 2025, and is solely responsible for the information contained therein.