other_material
confidence high
sentiment neutral
materiality 0.35
Artelo raises $0.25M from partial over-allotment exercise after $3M offering
ARTELO BIOSCIENCES, INC.
- Underwriter exercised over-allotment option for 57,914 shares at $4.40/share, generating ~$0.25M gross proceeds.
- Net proceeds to Artelo from the exercise are approximately $0.24M; closing occurred September 11, 2025.
- The original underwritten offering of 640,924 shares and pre-funded warrants for $3M closed September 5, 2025.
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