Aptevo Therapeutics says warrant holders exercise for cash at USD 4.03 per share

Reuters2026/08/12 15:21

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Aptevo Therapeutics arranged cash exercise of existing warrants for 254,922 shares at USD 4.03, tied to about USD 4.5 million gross proceeds.
Issuing unregistered Inducement Warrants for 1,274,610 shares at USD 4.03; exercisable after stockholder approval; five-year term.
Private placement set to sell 861,708 unregistered shares at USD 4.03, or Pre-Funded Warrants for the same amount.
PIPE includes Common Warrants for 4,308,540 shares at USD 4.03; exercisable after stockholder approval; five-year term.
Company plans to file an SEC resale registration statement covering the PIPE shares, warrant shares, Pre-Funded Warrants, Inducement Warrants, Common Warrants.

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. Aptevo Therapeutics Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608120930ACCESSWRNAPR_____1206482) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Aptevo Therapeutics says warrant holders exercise for cash at USD 4.03 per share

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