Arcadia Biosciences (RKDA) Announces Closing of $4 Million Private Placement Priced At-The-Market Under Nasdaq Rules
Arcadia Biosciences (Nasdaq: RKDA) successfully closed a $4 million private placement by issuing common stock and preferred investment options at $1.03 per share, with gross proceeds intended for working capital and general corporate purposes. The offering was conducted under Section 4(a)(2) of the Securities Act and accompanied by registration rig…