Know Labs Secures U.S. $12 Million Funding for Company's Further Execution on Its Clinical Research and Development Initiatives [Yahoo! Finance]
Know Labs, Inc. (KNW)
Company Research
Source: Yahoo! Finance
announced it has entered into a funding agreement for an investment of up to $12 million, of which it has executed a $4 million close (the "Funding Agreement") with Lind Global Fund II LP, an investment entity managed by The Lind Partners, a New York-based institutional fund manager (together, "Lind"). Ron Erickson, Chief Executive Officer and Chairman at Know Labs, commented, "This investment will enable Know Labs to accelerate development across our four core work streams including, hardware development, expanded data collection in clinical research, algorithm development, and expansion of our defensible intellectual property moat around our technology. We remain focused on validating the performance of the Know Labs proprietary radiofrequency dielectric sensor in large-scale clinical trials on our path to submitting to the FDA for clearance, the world's first non-invasive wearable continuous glucose monitor." "Lind is excited about its investment in Know Labs," said Phillip Val
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KNW
Earnings
- 2/14/24 - Miss
KNW
Sec Filings
- 4/17/24 - Form EFFECT
- 4/12/24 - Form 424B3
- 4/9/24 - Form S-1/A
- KNW's page on the SEC website