Elutia (ELUT) Announces $13.26M Offering at $3.40/sh
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Elutia Announces $13.26 Million Registered Direct Offering
June 17, 2024 8:01 AM EDTSILVER SPRING, Md., June 17, 2024 (GLOBE NEWSWIRE) -- Elutia Inc. (Nasdaq: ELUT) (Elutia or the Company) today announced it has entered into a definitive agreement with investors for the purchase and sale of 3,175,000 shares of the Companys Class A common stock at a purchase price of $3.40 per share and 725,000 prefunded warrants to purchase up to 725,000 shares of the Companys Class A common stock at a purchase price of $3.399 per prefunded warrant in a registered direct offering. The prefunded warrants are immediately exercisable at an exercise price of $0.001 per each prefunded warrant. The... More
