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Mercurity Fintech Holding Inc. Announced Third Private Investment In Public Equity Financing Of $5 Million

PUBLIC · CUEDec 27, 2022

Round Type

Venture

BostonBiotechnologyHealth CareTherapeutics

Description

Mercurity Fintech Holding Inc. (the “Company,” “we,” “us,” “our company,” or “MFH”) (Nasdaq: MFH), a digital fintech group powered by blockchain technology, today announced that on December 23, 2022, in connection with its private investment in public equity financing (the “PIPE”), it entered into a Securities Purchase Agreement (the “SPA”) with an accredited non-U.S. investor to offer and sell the Company’s units, each consisting of one ordinary share and three Warrants (each, a “Warrant” and collectively, the “Warrants”) for total gross proceeds of $5 million (the “Proceeds”). The closing of this third PIPE financing together with the consummation of the first and second PIPE financing would yield total gross proceeds of $13.15 million invested in the Company’s shares and warrants by third parties in the second half of 2022

Quick answer

Cue Biopharma raised an undisclosed amount in a funding round, dated December 27, 2022. Cue Biopharma is based in Boston, Massachusetts, United States.

How much did Cue Biopharma raise?
Cue Biopharma raised an undisclosed amount in a funding round on December 27, 2022.
What does Cue Biopharma do?
Cue Biopharma, a clinical-stage biopharmaceutical company is developing a novel class of therapeutic biologics to selectively engage and modulate disease-relevant T cells for the treatment of autoimmune disease.
Where is Cue Biopharma based and how big is it?
Cue Biopharma is based in Boston, Massachusetts, United States. Fundz records about 29 employees.
Who are the decision-makers at Cue Biopharma?
Fundz holds 2 contacts at Cue Biopharma, including the Biotech CEO | Board Member & Chairman| LifeScience Advisor. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Therapeutics and Biotechnology around the same time

Companies in the same sectors as Cue Biopharma that raised within 45 days of this round, from Fundz verified event records.

  • Chroma Medicine raised $135M on February 8, 2023.
  • CUREMARK LLC raised $1.3M (Seed) on January 30, 2023.
  • Grey Wolf Therapeutics raised $49M (Funding Round) on January 27, 2023.
  • Inhibikase Therapeutics raised $4.2M (Seed) on January 27, 2023.
  • ADARx Pharmaceuticals, Inc. raised $46M on January 26, 2023.
  • HBM Alpha Therapeutics raised an undisclosed amount (Seed) on January 26, 2023.

Who to call at Cue Biopharma, and when

A new round usually means Cue Biopharma is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Cue Biopharma raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Cue Biopharma, from your own LinkedIn network

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Company Information

Company

Cue Biopharma

Location

Boston, Massachusetts, United States

About

Cue Biopharma, a clinical-stage biopharmaceutical company is developing a novel class of therapeutic biologics to selectively engage and modulate disease-relevant T cells for the treatment of autoimmune disease. Cue Biopharma’s proprietary platform, Immuno-STAT® (Selective Targeting and Alteration of T Cells) and biologics are designed to harness the curative potential of the body’s innate immune system through the selective modulation of disease-relevant T cells without the adverse effects of broad systemic immune activation.

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Fundz sees it the moment Cue Biopharma raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsUsman A., Biotech CEO | Board Member & Chairman|… hidden hidden hiddenSee plans and pricing
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Cue Biopharma raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.