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Stock impact report

Clene launches $7.3M registered direct offering [Seeking Alpha]

Clene Inc. (CLNN) 
Company Research Source: Seeking Alpha
Each share of common stock is being sold with one warrant to purchase one share of common stock at a combined purchase price of $4.713. The warrants have an exercise price of $4.82 per share, are immediately exercisable. Additionally, in a separate private placement, the company purchased 681,469 shares of common stock. The gross proceeds from the offerings are expected to be approximately $7.3 million. Clene ( CLNN ) expects to use the net proceeds for expenses primarily related to general corporate purposes, including to fund the clinical development of its lead drug candidate, CNM-Au8. More on Clene Clene to effect 1-for-20 reverse stock split to regain Nasdaq compliance Seeking Alpha's Quant Rating on Clene Historical earnings data for Clene Financial information for Clene Recommended For You Comments More Trending News Recommended For You More Trending News Show less Read more
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