Applied Bioresearch launched a $750,000 non-brokered equity offering based on information filed with the SEC. The subscription to the equity offering hasn’t started yet. The offering is structured to remain open until May 2015 or when the fundraising cap is reached, whichever one comes first. Two previous unregistered financing rounds raised an estimated $750,000.
The company is a research and development company in stealth mode. The company is combining several technologies to explore new solutions to the most pressing problems in biotechnology and healthcare.
The company, led by Kendal Svedeen, is headquartered in Draper UT. No revenues were reported by the company.
Company: Applied Bioresearch
Amount offered: $750,000
Data as of: 05-30-2014