BRIEF-Unicycive Therapeutics Inc Entered Into A Securities Purchase Agreement With Certain Accredited Investors

Reuters03-15

March 14 (Reuters) - Unicycive Therapeutics Inc

:

* UNICYCIVE THERAPEUTICS INC: ENTERED INTO A SECURITIES PURCHASE AGREEMENT WITH CERTAIN ACCREDITED INVESTORS

* UNICYCIVE THERAPEUTICS: PURSUANT TO AGREEMENT CO AGREED TO ISSUE & SELL, IN PRIVATE PLACEMENT 50,000 SHARES OF ITS SERIES B CONVERTIBLE PREFERRED STOCK

* UNICYCIVE THERAPEUTICS INC: PURCHASE PRICE OF $1,000 PER SHARE WITH AN INITIAL CONVERSION PRICE OF $1.00 PER SHARE

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