Creative Medical Technology Holdings Raises $4.2 Million Through Warrant Exercises and Issues New Warrants
Creative Medical Technology Holdings Inc. entered into agreements with holders of warrants to purchase a total of 1,116,136 shares of its common stock at $3.75 per share, generating approximately $4.2 million in gross proceeds. In exchange for exercising these existing warrants, the holders will receive new inducement warrants to purchase an additional 2,790,340 shares of common stock. Roth Capital Partners, LLC acted as financial advisor on the transaction.
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