Company: MBIO
Filing Date: 2025-04-04
Form Type: POS AM
Source: 0001104659-25-032236
Chunk: 23

Company: MUSTANG BIO, INC.
Filing Date: 2025-04-04
Form: POS AM
Chunk 23
---
iv) | Any other communication that is an offer in the offering made by the undersigned registrant to the purchaser. |

| (6) | That, for purposes of determining any liability under the Securities Act of 1933, each filing of the registrant’s                     
 annual report pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing           
 of an employee benefit plan’s annual report pursuant to Section 15(d) of the Securities Exchange Act of 1934) that is                 
 incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities 
 offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.       |

| (7) | For purposes of determining any liability under the Securities Act of 1933, the information omitted from                             
 the form of prospectus filed as part of this registration statement in reliance upon Rule 430A and contained in a form of prospectus 
 filed by the registrant pursuant to Rule 424(b)(1) or (4) or 497(h) under the Securities Act shall be deemed to be                   
 part of this registration statement as of the time it was declared effective.                                                        |

| (8) | For the purpose of determining any liability under the Securities Act of 1933, each post-effective amendment                          
 that contains a form of prospectus shall be deemed to be a new registration statement relating to the securities offered therein, and 
 the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.                            |

Insofar as indemnification
for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the registrant
pursuant to any charter provision, by law or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as expressed in the Securities Act of 1933 and is, therefore, unenforceable.
In the event that a claim for indemnification against such liabilities (other than payment by the registrant of expenses incurred or paid
by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted
by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the
opinion of its counsel the