Nkgen Biotech Inc. Sells 10 Million Shares to Asia Advisors, Offers Option for Additional 20 Million Shares in Private Placement

Reuters09-25
<a href="https://laohu8.com/S/NKGN">Nkgen Biotech</a> Inc. Sells 10 Million Shares to Asia Advisors, Offers Option for Additional 20 Million Shares in Private Placement

Nkgen Biotech Inc. has entered into a Stock Purchase Agreement with Asia Advisors Limited, selling 10 million shares at $0.25 per share for a total of $2.5 million. Asia Advisors Limited also received a warrant to purchase up to 20 million additional shares at the same price. Additionally, Asia Advisors Limited has the option to buy up to another 20 million shares at $0.25 per share within 12 months, with corresponding warrants for up to 20 million more shares.

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