Artelo Biosciences announced an underwritten public offering of common stock and/or pre-funded warrants, subject to market conditions.
Quiver AI Summary
Artelo Biosciences, Inc. has announced the initiation of an underwritten public offering of its common stock and/or pre-funded warrants, aimed at supporting its clinical-stage pharmaceutical efforts in developing therapies for cancer, pain, and other conditions. The offering, which is subject to market conditions, is being managed by R.F. Lafferty & Co., Inc., and is being conducted under an effective shelf registration statement filed with the SEC. Specific details regarding the offering will be provided in a prospectus supplement to be filed with the SEC. Artelo is focused on innovative therapeutics that leverage lipid-signaling pathways and aims to address significant medical needs through its diversified pipeline. The press release contains forward-looking statements about the offering’s timing and conditions and advises potential investors to consider the associated risks.
Potential Positives
- Commencement of an underwritten public offering may provide Artelo Biosciences with additional capital to fund its clinical-stage pharmaceutical initiatives.
- Offering conducted by R.F. Lafferty & Co., Inc. suggests a structured approach to capital raising, potentially enhancing investor confidence.
- The use of a "shelf" registration statement allows for greater flexibility in timing and terms of the offering, which can be advantageous in navigating market conditions.
- The diverse therapeutic pipeline mentioned could attract interest from investors looking for innovative and impactful pharmaceutical developments.
Potential Negatives
- The announcement of an underwritten public offering may signal financial instability or the need for additional funding, which can raise concerns among investors about the company’s current financial health.
- The uncertainty regarding the completion and terms of the offering, including market conditions, could lead to volatility in the company's stock price.
- The reliance on a "shelf" registration statement indicates that the company might be in a position of needing to frequently access the capital markets, which might imply ongoing financial challenges.
FAQ
What is the purpose of Artelo Biosciences' public offering?
Artelo Biosciences' public offering aims to raise funds for developing treatments targeting cancer, pain, and other medical conditions.
Who is managing the public offering for Artelo Biosciences?
R.F. Lafferty & Co., Inc. is acting as the sole book-running manager for Artelo Biosciences' public offering.
Where can I find the prospectus for the offering?
The prospectus and accompanying documents will be available on the SEC's website and from R.F. Lafferty & Co., Inc.
When was the registration statement for this offering declared effective?
The registration statement for the offering was declared effective by the SEC on July 14, 2023.
What risks are associated with the forward-looking statements?
The forward-looking statements involve uncertainties that may cause actual results to differ from projections, affecting financial performance.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ARTL Hedge Fund Activity
We have seen 2 institutional investors add shares of $ARTL stock to their portfolio, and 7 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GEODE CAPITAL MANAGEMENT, LLC removed 26,762 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $355,131
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 20,388 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $270,548
- UBS GROUP AG removed 12,772 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $169,484
- TOWER RESEARCH CAPITAL LLC (TRC) removed 3,903 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $51,792
- CITADEL ADVISORS LLC removed 3,784 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $50,213
- MORGAN STANLEY removed 20 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $265
- ROTHSCHILD INVESTMENT LLC removed 8 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $106
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
SOLANA BEACH, Calif., Sept. 29, 2025 (GLOBE NEWSWIRE) -- Artelo Biosciences, Inc. (Nasdaq: ARTL) , a clinical-stage pharmaceutical company focused on modulating lipid-signaling pathways to develop treatments for people living with cancer, pain, dermatologic, or neurological conditions, today announced it has commenced an underwritten public offering of its common stock and/or pre-funded warrants. All shares of common stock and/or pre-funded warrants in the offering are to be offered by the Company. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
R.F. Lafferty & Co., Inc. is acting as the sole book-running manager for the offering.
The shares of common stock and/or pre-funded warrants are being offered by the Company pursuant to a “shelf” registration statement on Form S-3 (File No. 333-273153), which was filed with the U.S. Securities and Exchange Commission (SEC) and declared effective by the SEC on July 14, 2023, and the accompanying prospectus contained therein.
The offering is being made only by means of a prospectus supplement and accompanying prospectus. A prospectus supplement describing the terms of the public offering will be filed with the SEC and will form a part of the effective registration statement.
Copies of the prospectus supplement and the accompanying prospectus relating to this offering may be obtained, when available, on the SEC’s website at http://www.sec.gov or alternatively, from: R. F. Lafferty & Co., Inc., 40 Wall Street, Suite 3602, New York, NY 10005; (212) 293-9090.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Artelo Biosciences
Artelo Biosciences, Inc. is a clinical-stage pharmaceutical company dedicated to the development and commercialization of proprietary therapeutics that modulate lipid-signaling pathways, with a diversified pipeline addressing significant unmet needs in anorexia, cancer, anxiety, dermatologic conditions, pain, and inflammation. Led by an experienced executive team collaborating with world-class researchers and digital-asset technology partners, Artelo applies rigorous scientific, regulatory, commercial, and treasury management practices, including digital assets, to maximize stakeholder value. More information is available at
www.artelobio.com
and X: @ArteloBio.
Forward Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and Private Securities Litigation Reform Act, as amended, including those relating to the timing of the offering, satisfaction of customary closing conditions related to the offering and sale of the shares of common stock and our ability to complete the offering. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which we operate and management’s current beliefs and assumptions. These statements may be identified by the use of forward-looking expressions, including, but not limited to, “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “potential,” “predict,” “project,” “should,” “would” and similar expressions and the negatives of those terms. These statements relate to future events or our financial performance and involve known and unknown risks, uncertainties, and other factors which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include those set forth in the Company’s filings with the Securities and Exchange Commission, including our ability to raise additional capital in the future. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable securities laws.
Investor Relations Contact:
Crescendo Communications, LLC
Tel: 212-671-1020
Email:
[email protected]