other material
confidence high
sentiment neutral
materiality 0.50
Celcuity raises $15M via equity sale of 1.03M shares at $14.50/share
Celcuity Inc.
- On Dec 1, 2023, sold 1,034,500 shares at $14.50 each, generating gross proceeds of $15M.
- Approximately $29.8M of common stock remains available under the Open Market Sale Agreement with Jefferies.
- As of Dec 5, 2023, cash, equivalents, and short-term investments were ~$185.3M.
- Transaction executed under ATM facility established Feb 2022.