Candel Therapeutics Announces Proposed $100 Million 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 launch of an underwritten public offering of $100 million of its common stock. Candel also intends to grant the underwriters a 30-day option to purchase up to an additional $15 million in shares of its common stock on the same terms and conditions. All shares of common stock to be sold in the offering will be offered by Candel. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or the actual size or terms of the offering. Candel intends to use the net proceeds from the offering to complete critical launch readiness, medical affairs, pre-commercialization, and commercial activities for aglatimagene besadenovec (CAN-2409 or aglatimagene) in e
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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 Announces Pricing of Public OfferingGlobeNewswire
- Candel Therapeutics inks $100M funding agreement with RTW Investments, launches $100M public offering [Yahoo! Finance]Yahoo! Finance
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