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SeaStar Medical Holding (ICU) just unveiled an announcement.
On July 10, 2024, SeaStar Medical Holding Corporation announced a financial move to raise approximately $10 million through a Registered Direct Offering and a Concurrent Private Placement, selling shares and warrants exercisable at $10.55 per share. With H.C. Wainwright as the placement agent, the company plans to use the proceeds for general corporate purposes and debt repayment. The shares and warrants were issued under an existing SEC-approved registration statement, and the company made forward-looking statements about the expected use of proceeds, acknowledging the risks and uncertainties inherent in their business and market.
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