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Sep 29, 2026Financing

GT Biopharma files Form D for offering of up to $38.96 million

The San Francisco biotechnology company has raised $7.75 million so far from nine investors under a Rule 506(b) exemption.

GT Biopharma, Inc. filed a Form D notice with the Securities and Exchange Commission for a new exempt securities offering, with a first sale date of September 14, 2026. The filing is marked as a new notice with a date of first sale of 2026-09-14.1

The company is based in San Francisco. Its principal place of business is listed at 505 Montgomery Street, 10th Floor, San Francisco, California.1 The offering is being made under a specific SEC exemption. GT Biopharma claimed the Rule 506(b) exemption for the offering.1

The total offering amount and the amount already raised are disclosed in the filing. The total offering amount is $38,958,054, with $7,750,000 already sold and $31,208,054 remaining to be sold.1 The filing states the total number of investors who have already invested in the offering is 9.1

The securities being offered are equity. The type of securities offered is equity.1 No sales commissions or finder's fees were reported. Sales commissions and finders' fees are both listed as $0.1 The company also reported no proceeds directed to executive officers, directors, or promoters named in the filing. The use of proceeds for such persons is listed as $0.1

The filing was signed by the company's chief financial officer. The Form D was signed by Alan Urban, Chief Financial Officer of GT Biopharma, Inc., on 2026-09-29.1 GT Biopharma's related persons named in the filing include Chief Executive Officer Michael Breen and Chief Financial Officer Alan Urban1, along with directors Charles J. Casamento, Hilary Kramer, and David C. Mun-Gavin, according to the filing's related persons section.

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