◆ NeutralELTX

Elicio Therapeutics Announces Pricing of $15 Million Registered Direct Offering

GlobeNewswire Inc.·
Elicio Therapeutics Announces Pricing of $15 Million Registered Direct Offering

Elicio Therapeutics (Nasdaq: ELTX), a clinical-stage biotech company, announced a registered direct offering of 4.38 million shares expected to raise approximately $15 million gross proceeds. The company plans to use the funds to support Phase 1 clinical development of ELI-002 7P in metastatic pancreatic cancer, pipeline advancement, and general corporate purposes. The offering is expected to close on or about July 6, 2026.

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