Calidi said it plans an underwritten public offering of units consisting of common stock and, for certain investors, pre-funded warrants in lieu of common stock. Each unit will include accompanying common warrants to purchase common stock, and the securities will separate immediately upon issuance. The pre-funded warrants will be priced at the public offering price minus USD 0.001 per share, with an exercise price of USD 0.001 per share. Calidi expects to grant the underwriters a 45-day option to buy up to an additional 15% of the shares and/or common warrants offered. Ladenburg Thalmann is acting as sole book-running manager, and Calidi said it intends to use net proceeds for working capital and general corporate purposes.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Calidi Biotherapeutics Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-009701), on March 11, 2026, and is solely responsible for the information contained therein.
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