Carmell Announces Closing of Previously Announced PIPE Investment from Existing and New Investors to Support Commercial Build-out
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Carmell Corporation (Nasdaq: CTCX) has closed a private placement, raising $1.85 million through the sale of common stock and warrants. The funds will support the company's commercial expansion.
January 03, 2025 | 1:15 pm
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Carmell Corporation completed a private placement, raising $1.85 million to support its commercial build-out. The placement was priced at a slight premium to the closing price on December 23, 2024.
The successful closing of the private placement at a premium indicates investor confidence and provides Carmell with additional capital for growth. This is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100