NEW YORK (GenomeWeb News) – Pressure BioSciences said in a regulatory document on Tuesday that it has entered into a securities purchase agreement, raising a little more than $1.2 million.

Pressure Bio entered into the agreement on Jan. 29 with various accredited investors to sell them an aggregate of 4,875 units at $250 per unit, the company said in a document filed with the US Securities and Exchange Commission. Purchasers included existing and new investors in the company and members of its board.

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