Company: MBIO
Filing Date: 2025-01-15
Form Type: S-1
Source: 0001410578-25-000028
Chunk: 5

Company: MUSTANG BIO, INC.
Filing Date: 2025-01-15
Form: S-1
Chunk 5
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 stage of development of our business, our business plans for the future and the extent to which they have been implemented, an assessment of our management, general conditions of the securities markets at the time of the offering and such other factors as were deemed relevant.

We are a “smaller reporting company” as defined under the federal securities laws and, as such, have elected to comply with certain reduced public company reporting requirements for this prospectus and may elect to comply with reduced public company reporting requirements in future filings. See “Prospectus Summary––Implications of Being a Smaller Reporting Company.”

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Investing in our securities involves risks. Before deciding whether to invest in our securities, you should consider carefully the risks that we have described on page 16 of this prospectus under the caption “Risk Factors.”

| ​                                   
 ​                                   |   | ​ 
 ​ | Per Share and         
 Accompanying Warrants |   | ​ 
 ​ | Per Pre- Funded Warrant and Accompanying Warrants |   | ​ 
 ​ | Total |   |
|:------------------------------------|:--|:--|:----------------------|:--|:--|:--------------------------------------------------|:--|:--|:------|:--|
| Public offering price               | ​ | $ | ​                     | ​ | $ | ​                                                 | ​ | $ | ​     | ​ |
| Placement Agent’s fees (1)          | ​ | $ | ​                     | ​ | $ | ​                                                 | ​ | $ | ​     | ​ |
| Proceeds to us, before expenses (2) | ​ | $ | ​                     | ​ | $ | ​                                                 | ​ | $ | ​     | ​ |

| (1) | We have agreed to pay the Placement Agent a total cash fee equal to 7.0% of the gross proceeds raised in this offering. We have also agreed to pay the Placement Agent a management fee equal to 1.0% of the gross proceeds raised in this offering and to reimburse the Placement Agent for its non-accountable expenses in the amount of $25,000 and for its legal fees and expenses and other out-of-pocket expenses in an amount up to $100,000, up to $3,500 for road show expenses, and for its clearing expenses in the amount of $15,950. In addition, we have agreed to issue to the Placement Agent, or its designees, warrants to purchase a number of shares of our common