Ainos (AIMD) Receives $1.75M Follow-On Funding

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Go back to Ainos (AIMD) Receives $1.75M Follow-On Funding

Ainos Announces $1.75 Million Follow-On Funding

January 24, 2024 9:03 AM EST

The follow-on funding is a draw down from the $10 million private placement agreement entered into September 25 2023.

Use of proceeds include to advance planned VELDONA IND preparation and AI Nose VOC platform development with Nisshinbo Micro Devices Inc. (NISD) and Taiwan Inabata Sangyo Co. (Inabata).

SAN DIEGO, CA / ACCESSWIRE / January 24, 2024 / Ainos, Inc. (NASDAQ:AIMD, AIMDW) ("Ainos", or the "Company") announced today that it has placed an additional financing with Lind Global Fund II LP, an institutional investment fund managed by The Lind Partners (together the "Investor"). The funding amount... More