EQ · Equillium, Inc.

Summary

Equillium, Inc. announced a private placement of unregistered securities, including pre-funded warrants to purchase common stock, relying on exemptions from registration under the Securities Act of 1933 and state securities laws. The company expects to use net proceeds, together with existing cash, to fund operations.

Key takeaways

• Private Placement securities not registered under Securities Act of 1933
• Reliance on exemption from Securities Act and state securities laws
• Exhibit 4.1: Form of Pre-Funded Warrant to Purchase Common Stock
• Exhibit 4.2: Form of Registration Rights Agreement
• Net proceeds from Closing to be used with existing cash and cash equivalents to fund operations