- Artelo Biosciences closed an at-the-market private placement raising about $11 million in gross proceeds.
- Offering included 3,188,407 common shares or pre-funded warrants priced at $3.45 per share equivalent.
- Investors also received warrants to buy up to 6,376,814 shares, representing potential additional gross proceeds of about $20 million if exercised for cash.
- Net proceeds earmarked for working capital, general corporate purposes, repayment of certain bridge debt.
- Securities sold in unregistered transaction under Securities Act exemptions.
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. Artelo Biosciences Inc. published the original content used to generate this news brief on March 30, 2026, and is solely responsible for the information contained therein.
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