QualityStocksNewsBreaks – Calidi Biotherapeutics Inc. (NYSE American: CLDI) Closes $6.9 Million Public Offering Including Full Over-Allotment Option
Calidi Biotherapeutics (NYSE American: CLDI), a clinical-stage biotechnology company developing targeted therapies to deliver genetic medicines to distal sites of disease, announced the closing of its underwritten public offering and the full exercise of the underwriters’ over-allotment option for gross proceeds of $6.9 million before deducting commissions and expenses. The Company sold 1,922,764 common stock units, each consisting of one share and one Series I warrant, and 1,528,000 pre-funded warrant units, each consisting of one pre-funded warrant and one Series I warrant. The offering included 450,000 common stock units purchased under the over-allotment option. Common Stock Units were priced at…