other material
confidence high
sentiment neutral
materiality 0.30
Longeveron rights offering raises ~$325k at $3.00/share after subscription expiry
Longeveron Inc.
- Subscription period ended September 21, 2023; received 108,347 basic subscriptions and 150 oversubscriptions.
- Each subscription for one share of Class A common stock at $3.00 per share.
- Gross proceeds expected to be approximately $325,000.
- Rights offering was made under effective registration statement filed August 14, 2023.