Cardiol Therapeutics Raises $13.5M through Bought-Deal Private Placement

Friday, Jan 16, 2026 9:09 am ET1min read
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Cardiol Therapeutics has raised $13.5M through a bought-deal private placement with Canaccord Genuity. The company will issue 10.38M units priced at $1.30 each. The underwriter has an option to purchase up to an additional 10% of units, potentially increasing proceeds. The funds will be used for general corporate purposes.

Cardiol Therapeutics Raises $13.5M through Bought-Deal Private Placement

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