Azitra, Inc. (AZTR) Form S-1 — May 21, 2026
Azitra, Inc. (AZTR) filed an S-1 registration statement to allow selling stockholders to resell up to 255.7 million shares of common stock, which represents approximately 1,580% of the 16.2 million shares currently outstanding. This massive dilution stems from a private placement closed in March 2026, where the company issued Series A Preferred Stock and Series B/C Warrants to investors for $10.5 million in initial proceeds. The filing reveals severe financial distress, with auditors issuing a going-concern opinion due to accumulated deficits and negative cash flow.
Key figures
- Total Assets
- 5000000
- Cash Position
- 2000000
- Gross Proceeds
- 21000000
- Shares Offered
- 255699381
- Shares Outstanding
- 16192438
- Stock Price
- 0.19
- Max Potential Proceeds
- 31400000
- Private Placement Proceeds
- 10500000
Price after filing
Close on the filing date to close N calendar days later (from $0.21). Historical, not a forecast.
AI analysis
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