Soligenix Inc. (NASDAQ: SNGX) Strengthens Financial Foundation to Advance Multiple Value Drivers

• The financing initiatives underscore a disciplined approach to capital management at a critical stage for Soligenix.
• The company’s leadership has emphasized that this strengthened balance sheet allows Soligenix to focus on execution rather than financing.
• SNGX has outlined a timeline of catalysts extending through the end of 2026.

Soligenix (NASDAQ: SNGX), a late-stage biopharmaceutical company focused on rare diseases and biodefense programs, continues to fortify its financial position as it advances toward a series of pivotal and potentially transformational milestones. Following a series of strategic capital initiatives, including a $7.5 million public offering (https://ibn.fm/QKXcv), the company now reports a cash runway extending through the end of 2026, providing the resources needed to reach key clinical and regulatory inflection points across its diversified pipeline.

The financing initiatives underscore a disciplined approach to capital management at a critical stage for Soligenix, whose portfolio includes both late-stage therapeutics and vaccine candidates addressing high-unmet-need indications. With the recent financing in place, the company anticipates it will have sufficient capital to fund operations through multiple expected catalysts, including clinical updates, regulatory interactions and potential partnership opportunities. Soligenix noted that these moves were designed to reduce short-term funding pressure while preserving shareholder value amid ongoing progress in its core programs.

In the company’s announcement of the $7.5 million raise, Soligenix detailed that it issued approximately 5.56 million shares (or common-stock equivalents) and accompanying warrants at $1.35 per unit, generating gross proceeds of roughly $7.5 million before fees. The financing also involved amendments to prior warrants from 2023 and 2024, standardizing terms and improving future capital flexibility. The company’s leadership has emphasized that this strengthened balance sheet allows Soligenix to focus on execution rather than financing, ensuring operational continuity through expected value-creating milestones.

That stability is especially important given the potential embedded in Soligenix’s development pipeline. The company has outlined a timeline of catalysts extending through 2026 (https://ibn.fm/MtsAv). These include progress on its lead candidate HyBryte(TM) (synthetic hypericin) for cutaneous T-cell lymphoma (“CTCL”), SGX302 for psoriasis, SGX945 for Behçet’s disease, and SGX942 for oral mucositis in head and neck cancer. HyBryte, which has already achieved positive phase 3 results, remains the company’s anchor asset, with regulatory and commercialization preparations highlighted as near-term objectives.

Soligenix’s Public Health Solutions segment represents another key value stream. This division develops heat-stable vaccines and biodefense countermeasures using the company’s proprietary ThermoVax(R) platform. Its pipeline includes RiVax(R), a ricin toxin vaccine candidate that has been supported by multiple U.S. government contracts, as well as preclinical work on vaccine candidates for Ebola, Marburg and COVID–19. Collectively, these programs represent dual potential: near-term catalysts in rare-disease therapeutics and long-term value from government partnerships in biodefense.

With a financial runway now extending through 2026, Soligenix is strategically positioned to reach a convergence of data readouts, regulatory submissions and partnering opportunities without immediate dilution risk. For a development-stage biotech, this level of operational visibility provides a competitive advantage in both execution and investor confidence. The strengthened cash position also enables continued progress on clinical manufacturing, commercial readiness and global licensing initiatives, areas that typically require uninterrupted funding through regulatory transition phases.

Beyond the numbers, the company’s financial moves also suggest a broader maturation of its capital strategy. By aligning financing events with expected milestone timelines, Soligenix is signaling to the market that it intends to balance clinical progress with disciplined financial stewardship. This alignment between cash runway and value-driver cadence gives analysts and investors a clearer view of how upcoming catalysts could translate into enterprise growth.

Looking ahead, Soligenix’s combination of diversified programs, government-backed partnerships and an extended financial horizon presents a cohesive story of measured progress and high scientific potential. With cash resources projected to sustain operations through anticipated inflection points in 2026, the company is positioned to focus on what matters most: advancing late-stage assets toward market-ready outcomes.

For more information, visit www.Soligenix.com.

NOTE TO INVESTORS: The latest news and updates relating to SNGX are available in the company’s newsroom at https://IBN.fm/SNGX

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