Intelligent Bio Solutions Announces Private Placement of up to $15 Million to a Single Existing Institutional Investor Priced At-the-Market Under Nasdaq Rules
Intelligent Bio Solutions Inc. (Nasdaq: INBS) has entered a securities purchase agreement with a single institutional investor for a private placement priced at-the-market under Nasdaq rules. The offering includes common stock and warrants totaling expected gross proceeds of about $5 million before fees. The proceeds will be used for working capita…