Candel Therapeutics Announces Pricing of Public Offering
Candel Therapeutics, Inc. (CADL)
Company Research
Source: GlobeNewswire
NEEDHAM, Mass., Feb. 19, 2026 (GLOBE NEWSWIRE) -- Candel Therapeutics, Inc. (Candel or the Company) (Nasdaq: CADL), a clinical-stage biopharmaceutical company focused on developing multimodal biological immunotherapies to help patients fight cancer, today announced the pricing of an underwritten public offering of 18,348,624 shares of its common stock at a price to the public of $5.45 per share. The gross proceeds to Candel from the offering are expected to be $100 million, before deducting underwriting discounts and commissions and other offering expenses. The offering is expected to close on or about February 23, 2026, subject to customary closing conditions. In addition, Candel has granted the underwriters a 30-day option to purchase up to 2,752,293 additional shares of its common stock at the public offering price, less the underwriting discount. Candel intends to use the net proceeds from the offering to complete critical launch readiness, medical affairs, pre-commercializatio
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CADL
News
- Candel Therapeutics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)GlobeNewswire
- Candel Therapeutics to Present at TD Cowen's 46th Annual Health Care Conference in Boston [Yahoo! Finance]Yahoo! Finance
- Candel Therapeutics to Present at TD Cowen’s 46th Annual Health Care Conference in BostonGlobeNewswire
- Candel Therapeutics inks $100M funding agreement with RTW Investments, launches $100M public offering [Yahoo! Finance]Yahoo! Finance
- Candel Therapeutics Announces Proposed $100 Million Public OfferingGlobeNewswire
CADL
Earnings
- 11/13/25 - Miss
CADL
Sec Filings
- 2/26/26 - Form 4
- 2/23/26 - Form 8-K
- 2/20/26 - Form 424B5
- CADL's page on the SEC website