Cardiol Therapeutics Raises $15.5 Million in Offering
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Cardiol Therapeutics Raises $15.5 Million in Offering

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Cardiol Therapeutics (TSE:CRDL) has released an update.

Cardiol Therapeutics has successfully completed a public offering, raising $15.525 million with the help of Canaccord Genuity as the sole bookrunner. The additional funds, garnered from the full exercise of an over-allotment option, will be directed to support clinical trials for CardiolRx, aimed at treating recurrent pericarditis, and other company expenses.

For further insights into TSE:CRDL stock, check out TipRanks’ Stock Analysis page.

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