** Cardiff Oncology's CRDF.O shares sink 30.5% to record low 91 cents premarket after $10 mln equity raise

** CRDF says it sold ~8.57 mln shares and accompanying warrants at $1.05 in registered direct offering

** In addition, co says certain insiders and directors to buy 731,707 shares and warrants at $1.435

** Co intends to use net offering proceeds for working capital and general purposes

** H.C. Wainwright sole placement agent

** San Diego, California-based CRDF had roughly $90 mln market cap prior to offering

** CRDF stock closed down 3% at $1.31 on Tues, down 53% YTD

** Stock plunged 32% on Jan 27 after its then CEO and CFO stepped down

** 4 of 8 analysts rate the stock "strong buy" or "buy", 4 "hold"; median PT $7.50, per LSEG data