SeaStar Medical (ICU) Prices 10.84M Share Offering at $0.83/sh

Go back to SeaStar Medical (ICU) Prices 10.84M Share Offering at $0.83/sh

SeaStar Medical Announces Pricing of $9.0 Million Registered Direct Offering Priced At-the-Market

January 26, 2024 8:05 AM EST

DENVER, Jan. 26, 2024 (GLOBE NEWSWIRE) -- SeaStar Medical Holding Corporation (Nasdaq: ICU) (the Company), a medical technology company developing proprietary solutions to reduce the consequences of hyperinflammation on vital organs, announced today that it has entered into a securities purchase agreement with a single institutional investor to purchase 10,840,761 shares of common stock (or pre-funded warrants in lieu thereof) in a registered direct offering. In a concurrent private placement, the Company also agreed to issue and sell to the investor Series A warrants to purchase up to an aggregate 10,840,761... More