Company: MBIO
Filing Date: 2025-01-15
Form Type: S-1
Source: 0001410578-25-000028
Chunk: 260

Company: MUSTANG BIO, INC.
Filing Date: 2025-01-15
Form: S-1
Chunk 260
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 of the gross proceeds of $ 4.4million. For the year ended December 31, 2022, the Company issued 13,131shares of common stock to Fortress at a weighted average price of $ 13.56per share, the value of which equaled 2.5% of the gross proceeds of $ 6.6million from the sale of shares of common stock under the Mustang ATM. Equity Incentive Plan The Company has in effect the 2016 Incentive Plan (the “Incentive Plan”). The Incentive Plan was adopted in 2016 by our stockholders and the compensation committee of the Company’s board of directors and is authorized to grant stock-based awards to directors, officers, employees and consultants. The plan initially authorized grants to issue up to 133,333shares of authorized but unissued common stock and expires 10 yearsfrom adoption and limits the term of each option to no more than 10 yearsfrom the date of grant.

<div align='center'>F-25</div>

In June 2018, the Company’s stockholders approved an amendment to the Incentive Plan to increase the number of authorized shares issuable by shares, for a total of shares. In June 2021, the Company’s stockholders approved an amendment to the Incentive Plan to increase the number of authorized shares issuable by shares, for a total of shares. In June 2022, the Company’s stockholders approved an amendment to the Incentive Plan to increase the number of authorized shares issuable by shares, for a total of shares

As of December 31, 2023, shares are available for issuance of stock-based awards under the Incentive Plan.

Stock Options

The following table summarizes stock option activities for the years ended December 31, 2023 and 2022:

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 Weighted Average 
 Exercise Price   |     ​ 
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     Weighted Average 
            Remaining 
 Contractual Life (in 
               years) |
|:----------------------------------------------------|:--|--------------:|:--|:-----------------|------:|:--|---------------------:|
| Outstanding at December