Warrant vote could unlock $8.7M for Theriva Biologics (TOVX)
Theriva Biologics is holding a special stockholder meeting on June 5, 2026, to approve the issuance of up to 16,184,560 shares of common stock upon the exercise of previously issued warrants at $0.54 per share. This approval could generate approximately $8.7 million in gross proceeds for the company, though it would dilute existing shareholders. Shareholders will also vote on adjourning the meeting if more votes are needed for the warrant exercise proposal.