Calidi Biotherapeutics Inc. announced its third quarter 2025 financial results and recent operational highlights. The company raised $6.9 million in gross proceeds through an underwritten public offering with new and existing investors, extending its financial runway and bringing the total gross proceeds raised in 2025 to $23.0 million. Calidi presented new data at the Society of Immunotherapy for Cancer $(SITC)$ annual meeting demonstrating that its CLD-401 candidate can protect from immune clearance after systemic administration and effectively express genetic medicines at tumor sites. The company expanded the capabilities of its RedTail platform, including programmable membrane targeting and the addition of multiple payloads. Calidi also established a new Scientific Advisory Board to support the development of CLD-401 and further advance the RedTail platform.