Rezolute Inc. has announced the completion of a private placement involving certain company insiders. The transaction involved the issuance of 1,295,383 shares of Common Stock, sold at a price of $3.25 per share, raising a total of $4,209,994.75. This private placement was conducted in accordance with a Securities Purchase Agreement between the company and a group of investors. The shares were offered under an exemption from registration under the Securities Act.
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