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0.000767459708365431 0.000767459708365431 0.000767459708365431 0.000767459708365431 0.000767459708365431 0.000767459708365431 1.36328230191884E-16 1.36328230191884E-16
Stock impact report

AgeX Therapeutics Reports Fourth Quarter and Annual 2023 Financial Results

AgeX Therapeutics, Inc. (AGE) 
Company Research Source: GlobeNewswire
ALAMEDA, Calif., March 22, 2024 (GLOBE NEWSWIRE) -- AgeX Therapeutics, Inc. (“AgeX”; NYSE American: AGE), a biotechnology company developing therapeutics for human aging and regeneration, reported its financial and operating results for fourth quarter and the full year ended December 31, 2023 and recent highlights. Recent Highlights  ?Stockholders approved transactions for merger with Serina Therapeutics, Inc. ?Obtained $4.4 million addition to line of credit from Juvenescence Limited ?Preferred Stock converted into Common Stock ?Completed reverse stock split at a ratio of 1 for 35.17    Liquidity and Capital Resources Issuance of Preferred Stock to Eliminate $36 Million of Indebtedness and Conversion to Common Stock During July 2023, AgeX and Juvenescence Limited entered into an Exchange Agreement pursuant to which AgeX issued shares of Series A Preferred Stock and Series B Preferred Stock to Juvenescence in exchange for the extinguishment of a total of $36 million of in Show less Read more
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