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News · ▼ Bearish · 1 source confirmed · 2026-09-22 16:50 UTC

Decoy Therapeutics, Inc. Announces a Warrant Inducement Transaction for $3.85 Million in Gross Proceeds Priced At-The-Market under Nasdaq Rules

Why now

Thesis: At-the-market warrant inducement signals dilution for small-cap biotech

Catalyst to watch: Use of proceeds or subsequent financing terms

Main risk: Shareholder dilution pressure on the stock

Why it matters

Warrant inducement priced at-the-market typically signals dilution pressure for a small-cap biotech.

Details

HOUSTON, Sept. 22, 2026 /PRNewswire/ -- Decoy Therapeutics, Inc. (NASDAQ: DCOY) ("the Company" or "Decoy"), a biotechnology company pioneering Designable Multi-Antivirals (D-MAVs™), a new category of antivirals engineered to target shared viral mechanisms conserved across virus families,...

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