SenesTech, Inc., a Delaware-based company, filed a registration statement with the Securities and Exchange Commission (SEC) on September 23, 2024, under Form S-3. The filing pertains to the registration of common stock shares for resale, which may be offered from time to time by the selling stockholders. The registration includes shares issuable upon the exercise of outstanding warrants, with the approximate date of commencement of proposed sales to the public being determined by market conditions and other factors. SenesTech previously executed a reverse stock split on July 24, 2024, at a ratio of 1-for-10, which did not alter the number of authorized shares but reduced the number of outstanding shares. The company has also entered into an inducement offer letter agreement with certain...Show More

SenesTech, Inc., a Delaware-based company, filed a registration statement with the Securities and Exchange Commission (SEC) on September 23, 2024, under Form S-3. The filing pertains to the registration of common stock shares for resale, which may be offered from time to time by the selling stockholders. The registration includes shares issuable upon the exercise of outstanding warrants, with the approximate date of commencement of proposed sales to the public being determined by market conditions and other factors. SenesTech previously executed a reverse stock split on July 24, 2024, at a ratio of 1-for-10, which did not alter the number of authorized shares but reduced the number of outstanding shares. The company has also entered into an inducement offer letter agreement with certain holders of existing warrants, resulting in the issuance of new warrants exercisable for common stock. The company will not receive proceeds from the sale of shares by the selling stockholders, except for cash proceeds from the exercise of warrants. SenesTech has a history of operating losses and has expressed substantial doubt about its ability to continue as a going concern without additional capital. The company's common stock is listed on The Nasdaq Capital Market under the symbol 'SNES'.