ALX Oncology Exchanges 13.35M Shares for Pre-Funded Warrants With Key Holders
ALX Oncology (ALXO) exchanged 13.35M shares for pre-funded warrants with key shareholders, including Blackstone affiliates, RA Capital, and venBio. The warrants, exercisable at $0.001 per share, have no expiration and include ownership blockers. The deals aim to optimize capital structure and manage ownership thresholds, with settlement expected on Oct 15, 2026.


