Financing ·
Conexeu Sciences raises $4.75M in private placement of units at $3.00
CNXUConexeu Sciences Inc.
Conexeu Sciences Inc. closed a private placement on October 15, 2026, issuing 1,333,333 units and 250,000 special warrants to raise gross proceeds of approximately $4.75 million at $3.00 per unit or warrant. The units consist of one share of common stock and one warrant exercisable for an additional share at $3.00. Proceeds are designated for working capital and general corporate purposes. The filing also discloses the issuance of shares to consultants and the exercise of warrants, noting that management subscriptions remain in escrow pending shareholder approval required under Nasdaq rules. Conexeu Sciences Inc. operates in the biotechnology industry.