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home / news releases / CBLI - Cleveland BioLabs readies $14M stock offering


CBLI - Cleveland BioLabs readies $14M stock offering

Cleveland BioLabs ([[CBLI]] -24.6%) entered into definitive agreements with certain healthcare-focused and institutional investors for the issuance and sale of 2M shares at $7/share in a registered direct offering.Gross proceeds expected to be ~$14M; net proceeds to be used for general corporate purposes.Offer closing expected on or about Feb.23.

For further details see:

Cleveland BioLabs readies $14M stock offering
Stock Information

Company Name: Cleveland BioLabs Inc.
Stock Symbol: CBLI
Market: NASDAQ
Website: cbiolabs.com

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