Core Insights - NKGen Biotech, Inc. has received a significant investment of $2.65 million from its Chairman & CEO, Dr. Paul Y. Song, to support its Phase 2 clinical trial for Alzheimer's Disease and to address financial obligations [2][3] - The company has also secured approximately $3 million in funding advances from AlpineBrook Capital, which is intended to bolster its core operations and financial reporting requirements [4][5] Funding Details - Dr. Song's investment was made in the form of common stock and warrants, reflecting his confidence in the company's long-term growth prospects [3] - The total funding from AlpineBrook includes $3 million in advances and previous commitments of $5.5 million from convertible notes, along with an additional $4 million [1][4] Company Strategy - The new capital is crucial for NKGen to ramp up its Phase 2 trial and meet public company compliance requirements, which are essential for its long-term success [3][4] - Dr. Song emphasized the alignment of interests between the management team and investors, showcasing a strong commitment to the company's vision and potential [4]