SenesTech (NASDAQ: SNES) Marks Growth Trajectory with New Rodent Birth Control Product, $5M Public Offering

December 19, 2023 12:00:46
  • A number of U.S. cities are reporting an increase in complaints about more brazen rat populations, prompting officials in New York City and elsewhere to devote greater revenues to control measures
  • While many rodent control efforts involve traps and poisons, Arizona-based SenesTech Inc., is successfully marketing a one-of-a-kind non-lethal alternative that focuses on chemically preventing rats from birthing an astronomical number of pups throughout the year
  • The company recently rolled out a soft bait fertility control product, adding it to its existing liquid product, opening up the vast professional and consumer rodent control market
  • SenesTech also recently closed a public offering that will add $5 million to its balance sheet for further development of fertility control for animal pest populations

Rodent control innovator SenesTech (NASDAQ: SNES) is adding approximately $5 million to its balance sheet that it can use for research and development, capital expenditures, working capital, and general and administrative expenses, as well as potential acquisitions.

SenesTech recently closed a public offering of 3.8 million shares of its common stock and accompanying warrants to help advance its corporate strategies (https://ibn.fm/fXvTU). The company has been in a growth phase that includes the introduction of a soft bait…

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NOTE TO INVESTORS: The latest news and updates relating to SNES are available in the company’s newsroom at https://ibn.fm/SNES

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