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Amarillo Biosciences raises total of about $1.9M through placement

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Amarillo Biosciences raises total of about $1.9M through placement

Amarillo Biosciences Inc. said it raised a total of about $1.9 million from two rounds of placement of its unregistered voting common stock.

The company placed 7,121,157 shares of its unregistered voting common stock on Dec. 12.

The aggregate offering price of these shares was $1.3 million, or 18.75 cents per share.

The company also placed 2,324,132 shares of its unregistered voting common stock on Dec. 14.

The company raised $581,033 from this placing round at a price of 25 cents per share.