other material
confidence high
sentiment neutral
materiality 0.65
Elicio Therapeutics prices $15M registered direct offering of 4.38M shares at $3.43/share
Elicio Therapeutics, Inc.
- Offering of 4,380,313 shares of common stock at $3.43 per share for gross proceeds of ~$15M.
- Two new institutional investors and a large existing shareholder participated; expected close July 6, 2026.
- Net proceeds to fund Phase 1 clinical development of ELI-002 7P in metastatic PDAC and pipeline/platform.
- Titan Partners (lead) and B. Riley Securities (co-placement agent) acted as placement agents.
- Offering made under effective shelf registration statement (File No. 333-293861).