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Jul 9, 2026Financing

Amlogenyx discloses $10 million raised in convertible note offering

The Novato, California biotech reported selling half of a planned $20 million offering to two investors as of a Form D filed with the SEC.

Amlogenyx Inc., a Delaware corporation incorporated in 2023, filed a Form D with the Securities and Exchange Commission disclosing a securities offering with a first sale date of July 1, 2026. The company set a total offering amount of $20,000,000, of which $10,000,000 had been sold, leaving $10,000,000 remaining to be sold.1

A total of two investors had already put money into the offering.1 The securities offered consist of convertible promissory notes and equity securities issuable upon conversion of those notes.1 The company set the minimum investment accepted from any outside investor at $0.1

The filing states no sales commissions or finder's fees were paid. Both sales commissions and finders' fees were listed as $0.1 The amount used for payments to executive officers, directors or promoters was also listed as $0.1

The offering was claimed under the Rule 506(b) exemption.1 The company indicated the offering is not being made in connection with a business combination transaction such as a merger, acquisition or exchange offer.1 The company also stated it does not intend the offering to last more than one year.1

Amlogenyx is based at 77 Digital Drive, Suite 200, in Novato, California.1 The filing classifies the company's industry group as biotechnology within health care.1 The Form D was signed by John Pinion, listed as the company's Chief Operating Officer, with a signing date of 2026-07-08.1

Written by readthrough’s AI from the linked primary sources and fact-checked against them automatically before publishing. Not investment advice.