Calidi Biotherapeutics Raises $6.9 Million in Offering

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2025.11.13 22:19
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Calidi Biotherapeutics raised $6.9 million through a public offering, despite a net loss of $5.2 million in Q3 2025. The company is advancing its RedTail platform and CLD-401 compound, aiming to enhance its position in virotherapy and genetic medicine delivery. Analysts rate CLDI stock as a Buy with a $2.50 target, though Spark's AI Analyst views it as Underperform due to financial and technical challenges. Calidi focuses on targeted therapies using its proprietary Redtail platform.