Financing ·
CollPlant raises $3.7M in private placement of shares and warrants at $3.74
CLGNCollPlant Biotechnologies Ltd
On October 14, 2026, CollPlant Biotechnologies Ltd closed a private placement offering with institutional investors, raising approximately $3.7 million in gross proceeds. The company issued 989,301 ordinary shares and pre-funded warrants at a combined price of $3.74 per share and accompanying warrant. Investors also received unregistered ordinary warrants to purchase up to 1,483,950 additional shares with an exercise price of $3.74, exercisable immediately and expiring five years after the effective date of a registration statement. The company intends to use the net proceeds for general corporate purposes, including working capital and funding research and development programs. CollPlant Biotechnologies Ltd operates in the biotechnology industry, focusing on plant-based collagen production.