Jaguar8
commented on a stock · 17 hours ago
NEWS
Revelation Biosciences Inc. Announces Exercise of Warrants for $4 Million in Gross ProceedsTuesday, 3rd December at 8:38 amRevelation Biosciences, Inc. (NASDAQ: REVB) (the "Company" or "Revelation"), a clinical-stage life sciences company that is focused on harnessing the power of trained immunity for the treatment of disease, announced today the entry into a definitive agreement for the immediate exercise of certain outstanding warrants to purchase up to an aggregate of 4,064,040 shares of common stock, issued by the Company on August 22, 2024 (the "Existing Warrants"), at the exercise price of $1.00 per share. The shares of common stock issuable upon exercise of the Existing Warrants are registered pursuant to an effective registration statement on Form S-3 (File No. 333-281909). The closing of the offering is expected to occur on or about December 3, 2024, subject to satisfaction of customary closing conditions.
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103817309 : is this consider good news?
Jaguar8 OP 103817309 : Yes it has been exercised and the company got money from it
HailTheApocalypse : damn, idk. this thing has burned me before. but I trust you lol. I mean I know you just put stuff out there and it's up to us as far as what we want to do.
Jaguar8 OP HailTheApocalypse : Am not playing this unless it has a huge PR
HailTheApocalypse Jaguar8 OP : ah well. I got 3 shares for shits and giggles.
103817309 : Thanks brother
Jaguar8 OP HailTheApocalypse : That made me laugh and I need it now I’m tired
HailTheApocalypse Jaguar8 OP : good. I hope you have a great day my friend.