Brief: Rani Therapeutics Announces Termination Of Public Offering Of Class A Common Stock

Rani Therapeutics Holdings

12/08/2022 04:51

Aug 11 (Reuters) - Rani Therapeutics Holdings Inc  RANI.O :
    * RANI THERAPEUTICS ANNOUNCES TERMINATION OF PUBLIC OFFERING
OF
CLASS A COMMON STOCK
    * RANI THERAPEUTICS HOLDINGS- CURRENT MARKET CONDITIONS ARE
NOT
CONDUCIVE FOR OFFERING ON TERMS THAT WOULD BE IN BEST INTERESTS
OF CO'S STOCKHOLDERS
    * RANI THERAPEUTICS HOLDINGS- CO BELIEVES IT HAS SUFFICIENT
CAPITAL AND FINANCIAL FLEXIBILITY TO CONTINUE TO FUND ITS
ONGOING OPERATIONS INTO MID-2024

Source text for Eikon:  ID:nGNX7bqS6g 
Further company coverage:  RANI.O 

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