other_material
confidence high
sentiment neutral
materiality 0.50
BioCardia raises ~$570K in private placement of stock and warrants
BioCardia, Inc.
- Sold 274,696 shares and warrants at $2.075/unit, gross proceeds ~$570,000.
- Warrants exercisable at $1.95/share until 6/30/2030 or PMDA approval of CardiAMP.
- Directors/officers invested $360K, including CEO Peter Altman ($50K) and CFO David McClung ($10K).
- Proceeds for general corporate purposes; registration statement to be filed by July 10, 2025.
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