ImageneBio to Raise $30M via Private Placement of Warrants

ImageneBio, Inc. has entered into a Securities Purchase Agreement with institutional and accredited investors for a private placement. The company plans to sell pre-funded warrants to purchase up to 5,770,335 shares of common stock at a purchase price of $5.199 per warrant share, aiming to raise approximately $30 million in gross proceeds. The warrants will have an exercise price of $0.001 per share and will be exercisable immediately, providing capital for the company's operations.