New insider activity at SeaStar Medical Holding ( (ICU) ) has taken place on February 28, 2025.
Director John Neuman has made a significant investment in SeaStar Medical Holding by purchasing 40,000 shares of the company’s stock. This transaction is valued at $153,100, indicating a strong vote of confidence in the company’s future prospects.
Recent Updates on ICU stock
SeaStar Medical Holding has entered into a Securities Purchase Agreement with an institutional investor, issuing shares and warrants in a registered direct offering and a concurrent private placement, expecting gross proceeds of approximately $6 million. The funds are intended for general corporate purposes, potentially impacting its operational capabilities and market strategy by enhancing working capital and capital expenditures. This development may influence the stock’s price target as it reflects the company’s efforts to strengthen its financial position and support its growth initiatives.
More about SeaStar Medical Holding
YTD Price Performance: -18.46%
Average Trading Volume: 446,726
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $13.86M