SCINAI IMMUNOTHERAPEUTICS ANNOUNCES $10 MILLION STANDBY EQUITY PURCHASE AGREEMENT
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Scinai Immunotherapeutics Ltd. has entered into a $10 million Standby Equity Purchase Agreement with YA II PN, Ltd. This agreement will provide Scinai with additional financial resources to support its biopharmaceutical and CDMO services.
March 05, 2025 | 12:45 pm
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Scinai Immunotherapeutics has secured a $10 million Standby Equity Purchase Agreement, enhancing its financial position to support its biopharmaceutical and CDMO operations.
The $10 million SEPA provides Scinai with additional financial resources, which is likely to positively impact its stock price in the short term as it strengthens the company's financial position and supports its operations.
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