Cereno Scientific announces block trade of warrants and receives subscription commitment
Cereno Scientific (XSAT: CRNO B) (“Cereno” or the “Company) today announced that it has been brought to the Company’s attention that a block trade has been executed, where members of the Company’s Board of Directors and management have sold warrants of series TO2 to an unnamed buyer. In connection with the transaction a subscription commitment for the exercise of warrants of series TO2 has been undertaken by the buyer.The transaction involves 827,814 warrants of series TO2 and has been executed outside of the marketplace. The purpose of the transaction has been to allow for investors to