- Investment led by Clene’s Chairman of the Board of Directors, alongside founding investor Kensington Capital Holdings, Clene’s Chief Executive Officer and other existing shareholders
- $4 million registered direct offering priced at market under Nasdaq rules
- Proceeds are expected to be sufficient to fund the Company to mid-first quarter 2027
SALT LAKE CITY, Sept. 15, 2026 (GLOBE NEWSWIRE) -- Clene Inc. (NASDAQ:CLNN), a clinical-stage biotechnology company focused on ALS, today announced the pricing of a registered direct offering of 1,219,513 shares at a purchase price of $3.28 per share to existing shareholders, including insiders, with total gross proceeds of $4 million. The offering is expected to close on September 17, 2026.
The offering is expected to provide Clene with sufficient cash to fund its operations through mid-first quarter 2027.
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