Cereno Scientific announces block trade of warrants and receives subscription commitments
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 GU Ventures as well as members of the Company’s Board of Directors and management have sold warrants of series TO2 to two unnamed buyers. In connection with the transaction subscription commitments for the exercise of warrants of series TO2 have been undertaken by the buyers. The sellers have also undertaken subscription commitments for warrants that they still own.The transaction involves 999 996 warrants of series TO2