Cereno Scientific announces subscription commitments corresponding to 44 percent of outstanding warrants of series TO1
Cereno Scientific (XSAT: CRNO B) (“Cereno” or the “Company) today announced that it has received subscription commitments from a number of holders of warrants of series TO1, which includes members of the Company’s Board of Directors and its management group.The subscription commitments received from the holders involves 13,446,926 warrants. And as previously announced on September 9, 2021, the Company has also received a subscription commitment from an investor that involves 1,713,537 warrants. The total amount of subscription commitments received thus involves 15,160,463 warrants,