other material
confidence high
sentiment neutral
materiality 0.60
Clene announces $7M underwritten offering of 1M shares at $7.00 per share
Clene Inc.
- Offering of 1,000,000 shares of common stock at $7.00/share; gross proceeds ~$7M.
- Net proceeds estimated at ~$6.4M after underwriting discounts (~6.5%) and expenses (~$140K).
- Proceeds to fund NDA preparation for CNM-Au8, Phase 3 trial, manufacturing, and commercialization.
- Canaccord Genuity is sole bookrunner; Maxim Group and D. Boral Capital are financial advisors.
- Insiders subject to 60-day lock-up; closing expected on May 6, 2026.