Azitra, Inc.
Sector: Pharmaceutical PreparationsIndustry: BiotechnologyCountry: USExchange: NYSE
DilutionScan read 44 of Azitra, Inc.'s SEC filings and found 38 warrant series, 1 convertible, 1 ATM program, 1 equity line, 1 shelf registration, 6 S-1 registrations and 4 completed offerings on file for AZTR. The latest dilution event on file is ATM sales on Oct 26, 2026. Analysis updated Oct 26, 2026.
Signal8 Summary
AZTR
Going-concern warning, severe dilution risk
- Business
- WeakNo revenue, $11M annual loss, going-concern warning
- Stock risk
- High$8.4M micro-cap, fresh reverse split, 598% dilution overhang
Snapshot
Azitra is a pre-clinical/early-clinical dermatology biotech with essentially no revenue and an $11.0M net loss in FY 2025. It holds $6.7M in cash, and Signal8 models roughly 3.1 months of runway against ongoing burn.
What's Happening Right Now
- : On October 26, 2026, Azitra reported ex vivo skin study results for its ATR-COSF cosmetic candidate showing reduced fine lines and better elasticity, with a first-in-human study planned and initial data expected by year end.
- : Sold $126 of stock / 100 shares through its at-the-market program, as stated for Sep 28, 2026 to Oct 26, 2026.
- : Azitra completed a 1-for-10 reverse stock split effective October 26, 2026, aimed at curing a low share-price listing issue on NYSE American.
- : Azitra's Phase 1/2 trial of ATR-04 for EGFR inhibitor-associated skin rash cleared its safety review and advanced to Cohort 2, enrolling about 24 more patients.
- : Azitra set up a $3.5 million at-the-market stock sale agreement on September 28, 2026, a filing that also disclosed the company paused its ATR-12 trial to preserve cash and that funds may not cover the next 12 months.
- : Priced a block sale under its at-the-market program for $126 in gross proceeds (closing not yet reported in the filings reviewed).
- : On August 21, 2026, Azitra regained compliance with NYSE American's continued listing standards, removing the exchange's noncompliance flag.
- : Issued warrants over 4.24M shares.