Overview

• The offering includes 11,195,121 shares of common stock paired with equal-number accompanying warrants, plus up to 1,000,000 pre-funded warrants with accompanying warrants for certain investors.
• Combined pricing is $2.05 per share plus warrant and $2.0499 per pre-funded warrant plus warrant, with pre-funded warrants exercisable at $0.0001.
• The accompanying warrants are immediately exercisable at $2.50 per share and expire three years from issuance.
• Underwriters hold a 30-day option to purchase up to an additional 1,829,268 shares and/or accompanying warrants at the public offering price, less fees.
• Jefferies is the sole book-running manager and H. C. Wainwright & Co. is the lead manager, with the deal conducted off a Form S-3 declared effective on Aug. 15, 2025.