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Windtree Therapeutics signs new $520 million financing agreement to purchase BNB

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2025-07-25 02:38:35
Nasdaq-listed biotech company Windtree Therapeutics (WINT) announced that it has signed a common stock purchase agreement of up to $500 million to establish an equity credit line (ELOC), in addition to an additional stock purchase agreement valued at $20 million with Build and Build Corp.
The total financing size is up to $520 million, of which 99% will be used to purchase BNB. The company plans to officially start using funds after obtaining shareholder approval to increase the number of common shares authorized.
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