Exhibit 21.1
| Name of Subsidiary | Jurisdiction of Organization | |
| Calidi Biotherapeutics (Nevada), Inc. | Nevada | |
| StemVac GmbH* | Germany | |
| Calidi Biotherapeutics Australia Pty Ltd** | Australia | |
| Retail Biopharma, Inc.*** | Nevada |
* StemVac GmbH is a wholly owned subsidiary of Calidi Biotherapeutics (Nevada), Inc., which is a wholly owned subsidiary of Calidi Biotherapeutics, Inc., a Delaware corporation.
** Calidi Biotherapeutics Australia Pty Ltd is a wholly owned subsidiary of Calidi Biotherapeutics (Nevada), Inc., which is a wholly owned subsidiary of Calidi Biotherapeutics, Inc., a Delaware corporation.
*** Redtail Biopharma, Inc. is a wholly owned subsidiary of Calidi Biotherapeutics, Inc., a Delaware corporation.