Artelo Biosciences Announces Pricing of $3.0 Million Public Offering
Artelo Biosciences (Nasdaq: ARTL), a clinical-stage pharmaceutical company, has announced the pricing of a $3.0 million public offering. The offering consists of 640,924 shares of common stock priced at $4.40 per share and pre-funded warrants to purchase up to 40,894 shares at $4.399 per warrant.
The company has granted underwriters a 45-day option to purchase up to an additional 102,272 shares. R.F. Lafferty & Co. is serving as the sole book-running manager. The offering, expected to close on September 5, 2025, is being made through a shelf registration statement previously filed with the SEC.
Artelo Biosciences (Nasdaq: ARTL), una società farmaceutica in fase clinica, ha annunciato il prezzo di un'offerta pubblica da $3.0 milioni. L'offerta comprende 640.924 azioni ordinarie a $4,40 per azione e warrant pre-finanziati per l'acquisto di fino a 40.894 azioni al prezzo di $4,399 per warrant.
La società ha concesso agli underwriter un'opzione di 45 giorni per acquistare fino ad ulteriori 102.272 azioni. R.F. Lafferty & Co. agisce come unico book-running manager. L'offerta, che dovrebbe chiudersi il 5 settembre 2025, è effettuata tramite una dichiarazione di registrazione su shelf precedentemente depositata presso la SEC.
Artelo Biosciences (Nasdaq: ARTL), una compañía farmacéutica en fase clínica, ha anunciado el precio de una oferta pública de $3.0 millones. La oferta consiste en 640.924 acciones ordinarias a $4.40 por acción y warrants prefinanciados para comprar hasta 40.894 acciones a $4.399 por warrant.
La compañía ha otorgado a los suscriptores una opción de 45 días para comprar hasta 102.272 acciones adicionales. R.F. Lafferty & Co. actúa como único book-running manager. Se espera que la operación se cierre el 5 de septiembre de 2025 y se realiza mediante una declaración de registro en shelf previamente presentada ante la SEC.
Artelo Biosciences (Nasdaq: ARTL), 임상 단계� 제약회사� � 기업은 $3.0 million� 공개 발행 가격을 공지했습니다. 해당 발행은 640,924�� 보통주를 주당 $4.40�, 그리� 최대 40,894�� 매수� � 있는 프리펀디드 워런트를 워런트당 $4.399� 포함합니�.
회사� 인수인에� 추가� 최대 102,272�� 구매� � 있는 45� 옵션� 부여했습니�. R.F. Lafferty & Co.가 단독 북러� 매니저� 참여합니�. � 거래� 2025� 9� 5�� 마무리될 예정이며, 이전� SEC� 제출� 셸프 등록 명세서를 통해 이루어집니다.
Artelo Biosciences (Nasdaq: ARTL), une société pharmaceutique en phase clinique, a annoncé la fixation du prix d'une offre publique de $3.0 millions. L'offre comprend 640 924 actions ordinaires au prix de $4,40 par action et des bons de souscription préfinancés permettant d'acheter jusqu'à 40 894 actions au prix de $4,399 par bon.
La société a accordé aux souscripteurs une option de 45 jours pour acquérir jusqu'à 102 272 actions supplémentaires. R.F. Lafferty & Co. agit en tant que seul book-running manager. La clôture de l'offre est prévue le 5 septembre 2025 et l'opération est effectuée au titre d'une déclaration d'enregistrement sur shelf déposée antérieurement auprès de la SEC.
Artelo Biosciences (Nasdaq: ARTL), ein biopharmazeutisches Unternehmen in klinischer Phase, gab die Preisfestsetzung eines $3.0 Millionen Public Offerings bekannt. Das Angebot umfasst 640.924 Stammaktien zu $4,40 je Aktie sowie vorfinanzierte Warrants zum Erwerb von bis zu 40.894 Aktien zu $4,399 je Warrant.
Das Unternehmen hat den Underwritern eine 45-tägige Option eingeräumt, bis zu weitere 102.272 Aktien zu zeichnen. R.F. Lafferty & Co. fungiert als alleiniger Book-running-Manager. Der Abschluss des Angebots ist für den 5. September 2025 geplant; die Platzierung erfolgt über eine zuvor bei der SEC eingereichte Shelf-Registrierungserklärung.
- Strengthens balance sheet with $3.0 million in gross proceeds
- Additional flexibility through 45-day over-allotment option for underwriters
- Potential dilution for existing shareholders
- Offering price represents additional shares at $4.40, impacting share value
Insights
Artelo's $3M offering provides capital but significantly dilutes existing shareholders at a below-market price, potentially weakening stock performance.
Artelo Biosciences has priced a
The
The inclusion of an over-allotment option allowing underwriters to purchase an additional 102,272 shares could bring total proceeds higher but would further dilute shareholders. The use of pre-funded warrants (essentially shares with a nominal
For a clinical-stage biotech company like Artelo, which is developing treatments for cancer, pain, and neurological conditions, regular capital raises are expected as the company funds its R&D pipeline without significant revenue. However, the size of this offering relative to the company's market capitalization signals potential cash flow challenges.
The sole book-runner being R.F. Lafferty rather than a major investment bank may indicate limited institutional interest or challenging market conditions for small-cap biotech capital raises in the current environment.
SOLANA BEACH, Calif., Sept. 04, 2025 (GLOBE NEWSWIRE) -- (岹:ARTL), a clinical-stage pharmaceutical company focused on modulating lipid-signaling pathways to develop treatments for people living with cancer, pain, dermatologic, or neurological conditions, today announced the pricing of its previously announced underwritten public offering of 640,924 shares of its common stock at a price to the public of
R.F. Lafferty & Co., Inc. is acting as the sole book-running manager for the offering.
The shares of common stock and pre-funded warrants are being offered by the Company pursuant to a "shelf" registration statement on Form S-3 (File No. 333-273153), which was filed with the U.S. Securities and Exchange Commission (SEC) and declared effective by the SEC on July 14, 2023, and the accompanying prospectus contained therein.
The offering is being made only by means of a prospectus supplement and accompanying prospectus. A preliminary prospectus supplement and accompanying prospectus relating to this offering have been filed with the SEC and will form a part of the effective registration statement. A final prospectus supplement and accompanying base prospectus relating to and describing the terms of the offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov.
Copies of the prospectus supplement and the accompanying prospectus relating to this offering may be obtained, when available, on the SEC’s website at http://www.sec.gov or alternatively, from: R. F. Lafferty & Co., Inc., 40 Wall Street, Suite 3602, New York, NY 10005; (212) 293-9090.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Artelo Biosciences
Artelo Biosciences, Inc. is a clinical-stage pharmaceutical company dedicated to the development and commercialization of proprietary therapeutics that modulate lipid-signaling pathways, with a diversified pipeline addressing significant unmet needs in anorexia, cancer, anxiety, dermatologic conditions, pain, and inflammation. Complementing its scientific innovation, Artelo has adopted a forward-looking corporate finance initiative whereby it is deploying a portion of its excess capital into Solana under its digital asset treasury strategy. Led by an experienced executive team collaborating with world-class researchers and digital-asset technology partners, Artelo applies rigorous scientific, regulatory, commercial, and treasury management practices to maximize stakeholder value. More information is available at and X: @ArteloBio.
Forward Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and Private Securities Litigation Reform Act, as amended, including those relating to the satisfaction of customary closing conditions related to the offering and sale of the shares of common stock and our ability to complete the offering. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which we operate and management’s current beliefs and assumptions. These statements may be identified by the use of forward-looking expressions, including, but not limited to, “expect,� “anticipate,� “intend,� “plan,� “believe,� “estimate,� “potential,� “predict,� “project,� “should,� “would� and similar expressions and the negatives of those terms. These statements relate to future events or our financial performance and involve known and unknown risks, uncertainties, and other factors which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include those set forth in the Company’s filings with the Securities and Exchange Commission, including our ability to raise additional capital in the future. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable securities laws.
Investor Relations Contact:
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