Humacyte (HUMA) Prices 6.58M Share and Warrant Offering at $5.28/sh
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Humacyte Announces Pricing of $30.0 Million Registered Direct Offering
October 4, 2024 8:00 AM EDTDURHAM, N.C., Oct. 04, 2024 (GLOBE NEWSWIRE) -- Humacyte, Inc. (Nasdaq: HUMA), a clinical-stage biotechnology platform company developing universally implantable, bioengineered human tissue at commercial scale, today announced that it entered into a securities purchase agreement with an institutional investor to purchase approximately $30.0 million worth of its common stock and warrants in a registered direct offering.
Under the terms of the securities purchase agreement, the Company has agreed to sell 5,681,820 shares of its common stock and warrants to purchase 5,681,820 shares of common stock. 2,840,910 warrants will be exercisable immediately, have an exercise... More
