Company: MBIO
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001558370-25-007736
Chunk: 11

Company: MUSTANG BIO, INC.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part II, Item 2U
Chunk 11
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Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

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Pursuant to our Amended and Restated Certificate of Incorporation, as amended (the “Certificate of Incorporation”), we issued 69,046 shares of our common stock to Fortress as the Annual Stock Dividend on January 1, 2025 (as such term is defined in the Certificate of Incorporation), representing 2.5% of our fully-diluted outstanding equity on December 31, 2024. 

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The issuance of the above securities was deemed to be exempt from registration under the Securities Act in reliance upon Section 4(a)(2) of the Securities Act as a transaction by an issuer not involving any public offering. 

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Item 3. Defaults Upon Senior Securities

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None.

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Item 4. Mine Safety Disclosures

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None.

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Item 5. Other Information

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During the three months ended March 31, 2025, none of our directors or officers (as defined in Rule 16a-1(f) of the Exchange Act) adopted or terminated a Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement (as such terms are defined in Item 408 of Regulation S-K under the Securities Act).