HCW Biologics raises $1.5 million in private offering, Form D shows
The Miramar, Florida biotech sold all $1.5 million offered to a single investor under a Rule 506(b) exemption, with no commissions paid.
HCW Biologics Inc., based in Miramar, Florida, filed a Form D with the Securities and Exchange Commission disclosing a private securities offering. The filing is listed as a new notice with a date of first sale of September 24, 2026.1
The total offering amount was $1,500,000, and the company reported the full $1,500,000 had already been sold, leaving nothing remaining to be sold.1 The company listed one investor who had already put money into the offering.1
The offering relied on an exemption under Rule 506(b)1 of Regulation D. The securities offered included equity, an option, warrant or other right to acquire another security, and a security to be acquired upon exercise of such an option, warrant or right.1 The company stated the offering was not being made in connection with a business combination transaction such as a merger, acquisition or exchange offer.1
On compensation and proceeds, the filing reported no sales commissions or finders' fees tied to the deal. Both sales commissions and finders' fees were listed as $0.1 For the amount of gross proceeds used to pay any executive officers, directors or promoters named in the filing, the company also reported $0.1
The company indicated it does not intend the offering to last more than one year.1 The minimum investment accepted from any outside investor was listed as $0.1
The notice was signed by Rebecca Byam, identified as Chief Financial Officer, on October 8, 2026, per the filing's signature block.
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