Serina Therapeutics's Shares Up Following $5M of Equity Financing

Dow Jones

02-04

By Stephen Nakrosis

Shares of Serina Therapeutics advanced in the after-hours market after the company said it closed on a $5 million tranche of equity financing.

The stock rose 6.5% to $5.23 post-market, adding to the 4.4% gain seen in regular session that saw shares close at $4.91.

The company said it successfully closed the second tranche of a total $10 million equity financing agreement with strategic shareholder JuvVentures (UK).

Serina said the proceeds will be used to continue advancing its SER-252, or POZ-apomorphine, into a Phase 1 clinical trial in advanced Parkinson's disease patients in the second half of this year.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

February 03, 2025 17:59 ET (22:59 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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