Cloudastructure Raises Capital via Series 2 Preferred Stock

Tip Ranks
2025.12.18 20:27
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Cloudastructure, Inc. raised $3.5 million by issuing 3,500 Series 2 Convertible Preferred Stock shares to Streeterville Capital, LLC. The transaction includes a $0.75 per share floor and options for cash or stock settlement, impacting dilution and financing flexibility. Analysts rate CSAI stock as a Buy with a $6.00 target, but TipRanks' AI Analyst views it as Underperform due to financial instability and high volatility.