NLSC investment balance repaid
Summary
AdAlta has repaid remaining balance of NLSC investment in cash; no further shares to be issued under Investment Agreement
AdAlta entered an Investment Agreement with New Life Sciences Capital (“NLSC”) in April 2024, providing important liquidity and working capital for the Company
NLSC invested approximately $1.38 million in return for the right to be issued approximately $1.5 million in AdAlta shares
AdAlta has exercised its right to repay the final Settlement Notice in cash; no further shares are now required to be issued under the NLSC Investment Agreement
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