SeaStar Medical Raises $4M through Direct Offering

SeaStar Medical Holding Corporation is set to raise $4 million through a registered direct offering of 5,242,464 shares of its common stock at $0.763 per share. Additionally, unregistered warrants will be issued in a private placement for the same number of shares at an exercise price of $0.638 per share. The offering is expected to close around July 10, 2025, pending customary closing conditions. The proceeds will be used for general corporate purposes, including working capital and capital expenditures. ICU closed at $0.6139 on Thursday, down 14.15%, and is trading after hours at $0.6003 on NasdaqCM.

Read more at Nasdaq.: SeaStar Medical Announces $4 Mln Direct Offering With Warrants In Concurrent Private Placement