PharmaCyte Biotech Inc. Expands Financial Flexibility with $7 Million Financing to Support Strategic Growth

Reuters08-20

<a href="https://laohu8.com/S/PMCB">PharmaCyte Biotech</a> Inc. Expands Financial Flexibility with $7 Million Financing to Support Strategic Growth

PharmaCyte Biotech Inc. has announced a significant expansion following the successful closing of a $7 million financing round. With this new funding, the company bolsters its financial position, now holding approximately $15.5 million in cash and over $30 million in securities. The additional capital will support PharmaCyte's ongoing business initiatives and strategic growth opportunities, according to Interim CEO Josh Silverman. This expansion is expected to bring substantial value to shareholders as the company advances its initiatives and explores new opportunities in line with its long-term strategy. Currently, PharmaCyte has around 6.8 million shares of common stock outstanding.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PharmaCyte Biotech Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250820055624) on August 20, 2025, and is solely responsible for the information contained therein.

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