Decoy Therapeutics Raises $3.85 Million via Warrant Inducement; Issues 5-Year New Warrants

Decoy Therapeutics entered into a warrant inducement agreement to secure immediate cash exercises and boost liquidity. An existing holder exercised 1,184,434 Series B warrants after the exercise price was cut to $3.25, generating approximately $3.85 million in gross proceeds. In consideration, Deco…