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 GU Ventures as well as members of the Company’s Board of Directors and management has sold warrants of series TO1 to an unnamed buyer. In connection with the transaction a subscription commitment for the exercise of warrants of series TO1 has been undertaken by the buyer.The transaction involves 1,713,537 warrants of series TO1 and has been executed outside of the marketplace. The purpose of the transaction has been to