Creative Medical Technology Holdings, Inc. has filed a mixed securities shelf registration statement with the U.S. Securities and Exchange Commission. This filing allows the company to offer and sell up to $50 million of various securities in future offerings. The types of securities that may be offered include common stock, preferred stock, debt securities, warrants, and units.
This strategic financial move provides Creative Medical Technology Holdings with flexibility to raise capital as needed to support its ongoing research and development initiatives. As a clinical-stage biotechnology company, continuous funding is essential for advancing its diverse pipeline of regenerative medicine therapies. The shelf registration enables the company to access capital markets efficiently when opportunities arise.
The proceeds from any future offerings under this shelf registration are intended for general corporate purposes, which may include funding clinical trials, expanding research programs, and covering operational expenses. This proactive step ensures the company has mechanisms in place to secure necessary capital for its long-term growth and development objectives.
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