Regencell Bioscience Holdings (RGC) Announces $5M Insider Share Purchase by CEO

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Regencell Bioscience Holdings Limited Announces Over $5 Million Ordinary Share Purchases by CEO

May 16, 2022 8:56 AM EDT

HONG KONG--(BUSINESS WIRE)-- Regencell Bioscience Holdings Limited (NASDAQ: RGC) (Regencell or the Company), an early-stage bioscience company focusing on the research, development and commercialization of Traditional Chinese Medicine (TCM) for the treatment of neurocognitive disorders and degenerations, as well as infectious diseases affecting peoples immune system, announced that Yat-Gai Au, the Companys Chairman and CEO, made purchases of ordinary shares in Regencell (Ordinary Shares) totaling $5.03 million.

Based on his Schedule 13D filings with the U.S. Securities and Exchange Commission (the SEC) between July 27, 2021 and May 16, 2022, Mr. Au used an aggregate of $5.03 million of... More