Indaptus Therapeutics Raises $6 Million, Appoints David E. Lazar as Co-CEO and Chairman of the Board
ByAinvest
Monday, Dec 29, 2025 7:02 am ET1min read
INDP--
Indaptus Therapeutics has entered into a $6 million securities purchase agreement with investor David E. Lazar, who has been appointed Co-CEO and Chairman of the Board. The deal includes the purchase of non-voting convertible preferred stock and the appointment of Avraham Ben-Tzvi to the Board. The Company's lead product candidate and strategic opportunities will be evaluated, and the Board expects to hold a meeting in Q1 2026 to approve the conversion of the preferred stock.
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