other_material
confidence high
sentiment positive
materiality 0.55
Calidi Biotherapeutics closes $6.9M public offering with full over-allotment exercise
Calidi Biotherapeutics, Inc.
- Gross proceeds of $6.9M from 1,922,764 common stock units and 1,528,000 pre-funded warrant units.
- Each unit priced at $2.00 (common) or $1.999 (pre-funded); Series I warrants exercisable at $2.00 for 5 years.
- Underwriters exercised 450,000-unit over-allotment option in full; Ladenburg Thalmann sole book-runner.
- Proceeds for working capital, pre-clinical studies, and clinical trial preparation.
- Directors and executive officers subject to 90-day lock-up agreements post-closing.
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