Renovaro Announces It Has $10M In Additional Equity Committed At A Price Per Share Of $1.4726 And 10% Warrant Coverage
Portfolio Pulse from Benzinga Newsdesk
Renovaro, Inc. (NASDAQ:RENB) has secured $10 million in additional equity at a price per share of $1.4726 with 10% warrant coverage. The company is optimistic about securing further financing from various US and European institutions.
June 14, 2024 | 1:15 pm
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Renovaro, Inc. has secured $10 million in additional equity at a price per share of $1.4726 with 10% warrant coverage. The company is optimistic about securing further financing from various US and European institutions.
The additional equity commitment of $10 million at a price per share of $1.4726 with 10% warrant coverage is a positive development for Renovaro, Inc. This indicates investor confidence and provides the company with additional capital. The company's optimism about securing further financing from US and European institutions could lead to more positive developments.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100