LOS ANGELES, June 14, 2024 (GLOBE NEWSWIRE) -- 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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