PharmaCyte Biotech (PMCB) Reaches Cooperation Agreement with Iroquois Capital

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PharmaCyte Biotech Reaches Cooperation Agreement with Iroquois Capital

August 15, 2022 8:30 AM EDT

Company Appoints Five New Independent Directors to Reconstituted Board

LAS VEGAS--(BUSINESS WIRE)-- PharmaCyte Biotech, Inc. (NASDAQ: PMCB), a biotechnology company focused on developing cellular therapies for cancer, diabetes and malignant ascites using its signature live-cell encapsulation technology, Cell-in-a-Box®, announced today that PharmaCyte and Iroquois Master Fund Ltd. and its affiliates, the beneficial owners of approximately 6.7% of PharmaCytes outstanding shares of common stock, have signed a Cooperation Agreement that includes naming two of Iroquois director designees to PharmaCytes reconstituted Board of Directors.

Pursuant to the Agreement, Iroquois... More