other material
confidence high
sentiment neutral
materiality 0.60
SeaStar Medical raises $10M via registered direct offering and warrants
SeaStar Medical Holding Corp
- Issued 947,868 shares at $10.55 each, raising ~$10M gross proceeds.
- Concurrent private placement of warrants to purchase 947,868 shares at $10.55, exercisable for 5 years.
- Offering closed July 11, 2024; net proceeds for working capital, capex, and debt repayment.
- H.C. Wainwright acted as exclusive placement agent; fees 7% of gross proceeds plus warrants.
- Placement agent warrants cover 66,351 shares at $13.1875 (125% of offering price).