IBN Coverage: Clene (NASDAQ: CLNN) Announces Series of Direct Offerings, Concurrent Private Placements [Yahoo! Finance]
Clene Inc. (CLNN)
Company Research
Source: Yahoo! Finance
LOS ANGELES, CA - ( NewMediaWire ) - October 2, 2024 - Clene (NASDAQ: CLNN) , a late clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, has entered into a securities purchase agreement. The company entered the agreement, which calls for the issue and sale of 742,626 shares of common stock (or prefunded warrants in lieu thereof) with a healthcare-focused institutional investor. The company also noted it had entered into additional agreement and placements with current investors as well as directors and officers of Clene. Gross proceeds from the transactions will total an estimated $7.3 million, before standard deductions and fees. Canaccord Genuity is acting as sole placement agent for the offerings, which are expected to close on or about Oct. 1, 2024. To view the full press release, visit https://ibn.fm/oi5IH About Clene Inc. Clene and its wholly owned subsidiary, Clene Nanome
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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