BioMedNewsBreaks — Humacyte, Inc. (NASDAQ: HUMA) Announces $60 Million Registered Direct Offering of Common Stock and Warrants
Humacyte (NASDAQ: HUMA), a commercial-stage biotechnology platform company developing universally implantable, bioengineered human tissues, announced it has entered into a securities purchase agreement with fundamental institutional investors for an oversubscribed registered direct offering totaling approximately $60 million. The Company will issue 28,436,018 shares of common stock and accompanying warrants to purchase an equal number of shares at $2.11 per unit. The warrants become exercisable 180 days after issuance, carry an exercise price of $2.11 per share, and expire April 7, 2031. Gross proceeds are expected to total $60 million before fees and expenses, with closing anticipated on or about Oct.…











