12:32 PM EDT, 06/20/2025 (MT Newswires) -- SeaStar Medical ( ICU ) on Friday priced a stock and warrant offering to raise up to $8 million, with $4 million expected initially and a potential $4 million through warrant exercises.

The company plans to sell around 6.2 million shares with accompanying Series A and Series B warrants, each to purchase an equal number of shares, at a combined price of $0.65 per share and accompanying warrants.

The offering is expected to close Monday.

SeaStar Medical ( ICU ) shares were down more than 52% at about $0.46 in recent Friday trading.

Price: 0.50, Change: -0.48, Percent Change: -48.96