Renovaro, Inc. Announces $10 million in Equity Committed
June 14 2024 - 8:06AM
Renovaro, Inc. Announces $10 million in Equity Committed
Renovaro, Inc. (NASDAQ: RENB) (the “Company”) announces that it has
$10 million in additional equity committed at a price per share of
$1.4726 and 10 percent warrant coverage.
“We appreciate confidence in the Company demonstrated by the
investors,” said the Hon. Mark Dybul, MD, CEO. “We believe this is
only the beginning. We are hopeful to be able to secure additional
financing such as, but not limited to, long-term loans, grants and
subsidies from various US and European institutions for which the
Company is eligible – potentially worth tens of millions of
dollars.”
Forward-Looking Statements
Statements in this press release that are not strictly
historical in nature are forward-looking statements. These
statements are only predictions based on current information and
expectations and involve a number of risks and uncertainties,
including but not limited to the success or efficacy of our
pipeline and platform. All statements other than historical facts
are forward-looking statements, which can be identified by the use
of forward-looking terminology such as “believes,” “plans,”
“expects,” “aims,” “intends,” “potential,” or similar expressions.
Actual events or results may differ materially from those projected
in any of such statements due to various uncertainties, including
as set forth in Renovaro’s most recent Annual Report on Form 10-K
filed with the SEC. Readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as
of the date hereof. All forward-looking statements are qualified in
their entirety by this cautionary statement, and Renovaro Inc.
undertakes no obligation to revise or update this press release to
reflect events or circumstances after the date hereof.
For media inquiries, please contact: karen@renovarocube.com
Source: Renovaro Inc.
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