Creative Medical Technology Holdings, Inc (CELZ) Announces $3.8M Private Placement
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Creative Medical Technology Holdings Announces $3.8 Million Private Placement with Institutional Investors
August 9, 2021 4:43 PM EDTPHOENIX, Aug. 9, 2021 /PRNewswire/ -- Creative Medical Technology Holdings, Inc. ("CELZ," the "Company", "we", "our" or "us") (OTC: CELZ) today announced that it has entered into definitive agreements with accredited institutional investors for gross proceeds of approximately $3,788,000. The definitive agreements provide for the private placement of 15% Original Issue Discount Senior Notes ("Notes") in the aggregate principal amount of approximately $4,456,000. The principal amount of the Notes will be due on February 11, 2022. In addition, the Company has agreed to issue to the investors unregistered warrants for the purchase of 157,184,354 shares of common... More
