Clene Announces Closing of $7.3 Million Registered Direct Offering and Concurrent Private Placements and Amendment of Debt Facility
Clene Inc. (CLNN)
Company Research
Source: GlobeNewswire
Investment led by healthcare-focused institutional investor with participation from SymBiosis; founding investor Kensington Capital Holdings; Clene’s Chairman of the Board of Directors, Chief Executive Officer and Chief Scientific Officer and Founder; along with support from several other previously existing shareholders$7.3 million registered direct offering and concurrent private placements priced at market under Nasdaq rulesAmended debt facility with Avenue Venture Opportunities Fund, L.P. in conjunction with financingAggregate financing, including amendment to debt facility, expected to be sufficient to fund Company into the first quarter of 2025, including a face-to-face meeting with the FDA to discuss the potential to file a new drug application under the accelerated approval pathway for CNM-Au8®, a catalytically active gold nanocrystal suspension SALT LAKE CITY, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Clene Inc. (Nasdaq: CLNN) (along with its subsidiaries, “Clene”) and its wholly-
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CLNN
News
- Clene Inc. (NASDAQ: CLNN) had its "buy" rating re-affirmed by analysts at D. Boral Capital. They now have a $23.00 price target on the stock.MarketBeat
- Clene Improves Cash Position and Runway by Securing New Debt Facility to Pay Off Existing Senior Loan [Yahoo! Finance]Yahoo! Finance
- Clene Improves Cash Position and Runway by Securing New Debt Facility to Pay Off Existing Senior LoanGlobeNewswire
- IBN Coverage: Clene (NASDAQ: CLNN) Advances CNM-Au8 in ALS With FDA Guidance on Accelerated Approval Pathway [Yahoo! Finance]Yahoo! Finance
- Clene Inc. (NASDAQ: CLNN) had its "buy" rating re-affirmed by analysts at D. Boral Capital. They now have a $23.00 price target on the stock.MarketBeat
CLNN
Earnings
- 11/13/24 - Beat
CLNN
Sec Filings
- 12/20/24 - Form 8-K
- 12/10/24 - Form 424B5
- 12/10/24 - Form 8-K
- CLNN's page on the SEC website