secwatch / observer
8-K filed December 12, 2023, 6:59 PM ET ticker CLDI CIK 0001855485
other material confidence high sentiment neutral materiality 0.65

Calidi Biotherapeutics enters $25M equity line with Yorkville; director resignation and replacement

Calidi Biotherapeutics, Inc.

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

David LaPre

Director
CLDI · Calidi Biotherapeutics, Inc.
Effective
2024-01-01
Filed
December 12, 2023, 6:59 PM ET
the Board appointed Mr. David LaPre as a director to fill the vacancy in connection with Mr. Vecchiolla’s departure, effective January 1, 2024.
Departed

Thomas Vecchiolla

Director
CLDI · Calidi Biotherapeutics, Inc.
Effective
2024-01-01
Successor
David LaPre
Filed
December 12, 2023, 6:59 PM ET
Mr. Thomas Vecchiolla announced that he will be resigning as a director of the Board of Directors (the “Board”) of Calidi Biotherapeutics, Inc. (the “Company”) effective January 1, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

David LaPre was appointed as Director at Calidi Biotherapeutics, Inc..

Action
appointed
Role
Director
Exact text from the filing
the Board appointed Mr. David LaPre as a director to fill the vacancy in connection with Mr. Vecchiolla’s departure, effective January 1, 2024.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas Vecchiolla resigned as Director at Calidi Biotherapeutics, Inc..

Action
resigned
Role
Director
Exact text from the filing
Mr. Thomas Vecchiolla announced that he will be resigning as a director of the Board of Directors (the “Board”) of Calidi Biotherapeutics, Inc. (the “Company”) effective January 1, 2024.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Calidi Biotherapeutics, Inc. entered into Standby Equity Purchase Agreement with YA II PN, Ltd. valued at up to $25,000,000 (effective 2023-12-10).

Action
entry
Agreement
equity purchase
Counterparty
YA II PN, Ltd.
Value
up to $25,000,000
Effective
2023-12-10
Exact text from the filing
On December 10, 2023, Calidi Biotherapeutics, Inc. (the “Company”) entered into a Standby Equity Purchase Agreement (the “SEPA”) with YA II PN, Ltd., a Cayman Island exempt limited partnership (“Yorkville”). Pursuant to the SEPA, the Company will have the right, but not the obligation, to sell to Yorkville up to $25,000,000 of its shares of Common Stock, par value $0.0001 per share (the “Common Stock”), at the Company’s request any time during the 36 months following the execution of the SEPA.
View on SEC.gov

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Calidi Biotherapeutics, Inc. filing history →

Source: SEC EDGAR
accession 0001493152-23-044598
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