Scinai Immunotherapeutics (SCNI) Enters $2M Private Equity Commitment Agreement

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Scinai Announces Entering into $2 Million Private Equity Commitment Agreement with its largest Existing Shareholder

August 20, 2024 9:30 AM EDT

JERUSALEM, Aug. 20, 2024 /PRNewswire/ -- Scinai Immunotherapeutics Ltd. (Nasdaq: SCNI);("Scinai", or the "Company"), a biopharmaceutical company focused on developing inflammation and immunology (I&I) biological products and on providing CDMO services through its Scinai Bioservices business unit, today announced that it has entered into a $2 million Investment Commitment Agreement (the "Agreement") with... More