Predictive Oncology Inc. (NASDAQ: POAI) Enters into Securities Purchase Agreement to Raise $3.5 Million

March 26, 2020 11:44:46
  • POAI announces securities purchase agreement with accredited investors to purchase shares of common stock
  • Company to use net proceeds from purchase agreement for general corporate purposes
  • Agreement expected to raise $3.5 million through issuance of up to 1,650,165 shares of common stock or common stock equivalents

Predictive Oncology Inc. (NASDAQ: POAI), a leader in the cancer precision-medicine field, entered into a securities purchase agreement with certain accredited investors to purchase shares of common stock; the company plans to use the net proceeds from the purchase agreement for general corporate purposes.

POAI, a company that focuses on providing predictive models of tumor drug response to improve clinical outcomes for patients, provided details of the securities purchase agreement in a…

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