LeonaBio warrants become exercisable, could bring $146.2 million if fully exercised by Oct. 19
LeonaBio disclosed that its Series A Common Warrants, issued in December 2025 in a private placement, became exercisable on September 18, 2026 and remain exercisable until October 19, 2026. If all warrants are exercised for cash, the company would receive approximately $146.2 million, but the filing warns that some may expire unexercised or be exercised on a cashless basis if the resale registration statement is not effective, which would bring in less or no cash.
Key points
- Warrants cover 23,031,494 common shares at an exercise price of $6.35 per share.
- Warrants became exercisable September 18, 2026 and expire to exercise after October 19, 2026.
- Full cash exercise would provide approximately $146.2 million of additional capital.
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 22, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.