Brief: Scinai Immunotherapeutics Announces Receipt of an Updated Letter of Intent from the European Investment Bank Providing Specific Terms for Conversion of its Loan to Equity
08/07/2024 13:33
July 8 (Reuters) - Scinai Immunotherapeutics Ltd
2F5y.F :
* SCINAI IMMUNOTHERAPEUTICS ANNOUNCES RECEIPT OF AN UPDATED
LETTER
OF INTENT FROM THE EUROPEAN INVESTMENT BANK PROVIDING SPECIFIC
TERMS FOR CONVERSION OF ITS LOAN TO EQUITY
* SCINAI IMMUNOTHERAPEUTICS LTD - LOAN CONVERSION AMOUNT
APPROXIMATELY $28 MILLION
Source text for Eikon: ID:nPn1dRf4Ra
Further company coverage: 2F5y.F
((Reuters.Briefs@thomsonreuters.com;))