other material
confidence high
sentiment neutral
materiality 0.55
BioCardia raises $4.4M via ATM share sale, extends cash runway into Q1 2027
BioCardia, Inc.
- Sold 3,509,604 shares at average $1.279 on June 5, 2026; net proceeds ~$4.4M.
- Proceeds expected to extend cash runway into Q1 2027, beyond planned Japan PMDA submission.
- If outstanding warrants from prior financings exercised for cash, runway would extend beyond PMDA approval into first commercial sales.
- No warrants were issued in this capital raise.