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AIM Immunotech Converts Debt to Equity, Raises Over $1.2 Million

PUBLIC · AIMAug 31, 20268 days ago

Amount Raised

$1.22 Million

Round Type

Seed

OcalaBiotechnologyHealthcareHealth CareTherapeuticsPharmaceutical

Investors

Streeterville Capital, Llc

Description

On August 31, 2026, AIM Immunotech Inc. entered into five exchange agreements and issued corresponding partitioned promissory notes with Streeterville Capital, LLC. Approximately $1,224,341 of a previous promissory note was converted into 5,065,840 shares of the company's common stock. This transaction satisfied the outstanding promissory note in full.

Company Information

Company

AIM ImmunoTech

Location

Ocala, Florida, United States

About

AIM ImmunoTech Inc. is an immuno-pharma company focused on the research and development of therapeutics to treat multiple types of cancers, immune disorders and viral diseases, including COVID-19. The Company’s lead product is a first-in-class investigational drug called Ampligen® (rintatolimod), a dsRNA and highly selective TLR3 agonist immuno-modulator with broad spectrum activity in clinical trials for globally important cancers, viral diseases and disorders of the immune system.

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