other material
confidence high
sentiment neutral
materiality 0.40
Calidi Biotherapeutics issues warrant for 17.4M shares at $0.23 in private placement
Calidi Biotherapeutics, Inc.
- Warrant to purchase up to 17,391,304 shares of common stock at $0.23 per share issued to accredited investor.
- Warrant first exercisable on September 8, 2026; vesting tied to future registered issuances of up to $4.0M.
- Registered issuances may occur before July 8, 2026 but neither party is obligated to complete them.
- Issuance exempt under Section 4(a)(2) and Rule 506(b) based on investor's accredited status.
- Shares issuable upon exercise are restricted; no registration statement filed for resale.