Kiromic BioPharma (KRBP) Arranges Up to $10 Million Financing

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Kiromic BioPharma Arranges Up to $10 Million Financing

October 27, 2022 8:48 AM EDT

Litigation with Sabby and Another Institutional Shareholder Settled

HOUSTON--(BUSINESS WIRE)-- Kiromic BioPharma, Inc. (NASDAQ: KRBP) (Kiromic or the Company), a clinical-stage fully-integrated biotherapeutics company using its proprietary DIAMOND® artificial intelligence and data mining platform to develop cell and gene therapies with a focus on immuno-oncology, announces it entered into a Standby Equity Purchase Agreement (the SEPA) with YA II PN, LTD, a partnership managed by Yorkville Advisors Global LP, a global investment manager, to sell up to $8 million of the Companys stock at any time during the... More