trending Market Intelligence /marketintelligence/en/news-insights/trending/JCryybpx7ZeAItzDifoM0A2 content esgSubNav
In This List

BioCardia raises $10M via units offering

Blog

Commercial Banking: June 22nd Edition

Blog

Understanding Loss Given Default A Review of Three Approaches

Blog

Commercial Banking Newsletter June Edition - 2022

Blog

Insight Weekly: US recession outlook; mortgage activity slowdown; climate disclosure push


BioCardia raises $10M via units offering

BioCardia Inc. closed its public offering of units with gross proceeds of $10 million.

The San Carlos, Calif.-based company sold 1,666,667 units at $6 per unit and gave underwriters an option to either buy up to 250,000 additional shares or 250,000 warrants or a combination of both.

Each unit consisted of a share of common stock and a share purchase warrant at an exercise price of $6.30 per share.

Maxim Group LLC acted as sole book-running manager, while Brookline Capital Markets LLC and Dawson James Securities Inc. acted as co-managers for the offering.