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Arcadia Biosciences (RKDA) Announces $4 Million Private Placement Priced At-The-Market Under Nasdaq Rules
GlobeNewswire Inc.·
Arcadia Biosciences (RKDA) announced a $4 million private placement of common stock and preferred investment options priced at $1.03 per share. The offering includes Series A-1 and Series A-2 preferred investment options with exercise prices of $0.91 per share. H.C. Wainwright & Co. is the exclusive placement agent. Net proceeds will be used for working capital and general corporate purposes, with closing expected around June 12, 2026.
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