January 23, 2024 · Form 4 insider transaction
Sanderling Venture Partners VI LP bought 6,592 shares of CALC at $0.13 per share, a transaction worth $824.00. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 2 days after the transaction.
The securities were acquired from the Issuer pursuant to a Securities Purchase Agreement dated January 19, 2024, with a closing date of January 23, 2024. The Securities Purchase Agreement and the issuance of the securities thereunder was approved by an independent committee of the Issuer's Board of Directors.; The warrant may be exercised on or after January 23, 2024, and on or prior to the earlier of (i) 5:00 p.m. (New York City time) on December 31, 2024, and (ii) thirty (30) days following the Issuer's public disclosure of topline results from the Issuer's Phase 2b clinical trial in patients with acute pancreatitis but not thereafter.