Cardiol Therapeutics Sets Up At-the-Market Share Offering of Up to US$75 Million With Jefferies

Bitget2026/11/03 22:29

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Cardiol Therapeutics entered an equity distribution agreement with Jefferies for an at-the-market offering of up to US$75 million in common shares.
Shares may be sold at prevailing market prices; the company has no obligation to sell.
Net proceeds will support CardiolRx development for recurrent pericarditis, CRD-38 clinical development and general corporate expenses.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cardiol Therapeutics Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202611031703PR_NEWS_USPR_____TO88296) on November 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Cardiol Therapeutics Sets Up At-the-Market Share Offering of Up to US$75 Million With Jefferies

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