Rani Therapeutics Secures Reduced Warrant Exercise Price Deal with Institutional Investor

Reuters
Jul 11, 2025
Rani <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Secures Reduced Warrant Exercise Price Deal with Institutional Investor

Rani Therapeutics Holdings Inc. has announced that its board of directors has approved a new agreement with an existing institutional investor. Under this agreement, the investor will exercise certain existing warrants for cash at a reduced exercise price of $0.65 per share. The company's leadership, including CEO Talat Imran, has indicated that this decision is part of their ongoing efforts to strengthen the company's financial position.

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