CLDWW Calidi Biotherapeutics, Inc.

NEUTRAL Impact: 4/10 8-K
Horizon weeks Filed May 29, 2026 Processed 14d 19h ago SEC 0001493152-26-026415
Killer combo: Material agreement + unregistered equity (likely PIPE/convertible)

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Executive Summary

Calidi Biotherapeutics issued an amended and restated warrant to purchase up to 17,391,304 shares of common stock at $0.23 per share to an accredited investor. The amendment raises the minimum vesting acquisition amount from $500,000 to $1,000,000, extends the vesting termination date to September 30, 2026, and conditions exercise on stockholder approval. This is a routine restructuring of existing warrant terms with no new capital raised.

Actionable Insight

Monitor for stockholder approval vote and any subsequent share acquisitions by the holder that would trigger warrant vesting. The $0.23 exercise price and 17.4M share overhang represent potential future dilution if the holder meets the $1M minimum purchase condition.

Key Facts

  • Amended and restated warrant issued May 28, 2026, replacing the May 6, 2026 warrant
  • Warrant covers up to 17,391,304 unvested shares at $0.23 exercise price
  • Minimum Vesting Acquisition Amount increased from $500,000 to $1,000,000
  • Vesting Termination Date extended from July 8, 2026 to September 30, 2026
  • Exercise conditioned on stockholder approval per NYSE American rules
  • Issued in private placement under Section 4(a)(2) and Rule 506(b)

Financial Impact

No new capital raised; warrant terms restructured with higher vesting threshold ($1M vs $500K) and extended deadline

dilution

Risk Factors

  • Potential dilution of up to 17.4M shares if warrant vests and is exercised
  • Stockholder approval required before any exercise — failure to obtain could void the warrant

Market Snapshot

Exchange
OTC
Sector
Biological Products, (No Diagnostic Substances)

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001493152-26-026415
Document: form8-k.htm0001493152-26-026415
Document: 0001493152-26-026415-index-headers.html0001493152-26-026415
Document: 0001493152-26-026415-index.html0001493152-26-026415
Document: 0001493152-26-026415.txt0001493152-26-026415
2 reports for CLDWW
Performance horizon
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Reports for CLDWW — sortable, filterable
Type Now
May 29, 2026
14d ago
8-K
NEUTRAL ★ 4/10
awaiting T+20
May 8, 2026
5w ago
8-K
NEUTRAL ★ 4/10
awaiting T+20
Showing 2 of 2

US Market Status

Market Closed — Opens Mon (45h 28m)

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