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Article Bezinga News

Azitra Inc. (AZTR) Surges Over 44% After Hours— Here's Why It's Trending

Bezinga News March 20, 2026 · 4:26 am Read Original
Strong Bullish 87.0
−100 Bearish 0 +100 Bullish
Azitra Inc. (AZTR) Surges Over 44% After Hours— Here's Why It's Trending

Azitra Inc. (NYSE:AZTR) shares are trending on Friday.
AZTR surged 44.24% in after-hours trading on Thursday to $0.25.
The clinical-stage company announced a securities purchase agreement with healthcare-focused institutional investors for gross proceeds of up to $31.4 million.
What is the Deal Structure?
According to Azitra, the SPA includes initial gross proceeds of approximately $10.5 million, with up to an additional $20.9 million tied to potential warrant exercises.
Azitra stated that investors, including Stonepine Capital, Nantahala Capital and company insiders such as the company's CEO, are buying Series A convertible preferred stock at $1,000 per share, along with Series B and C warrants exercisable at $0.123 per share of common stock.
The transaction is expected to close on or a

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Article Info
Source Bezinga News
Published Mar 20, 2026 · 4:26 am
Article ID x3ppais
Original URL Open source
Sentiment Signal
Strong Bullish 87.0
−100Neutral+100
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