Recent Funding for Upstream Biosciences Inc. (UPBS.OB) Supports Acquisition Plus Research and Development
Upstream Biosciences Inc. (UPBS.OB) reported earlier this year that the Company had successfully closed the second and final tranche of its previously announced unit financing. As per the terms of the deal, Upstream successfully completed all the required corporate milestones and has now received the remaining $1,000,000 for total proceeds of $2,000,000. On the closing date of the second tranche financing, the Company issued an additional 666,667 shares and 1,333,334 Series A and Series B warrants. The units were issued at $1.50 per unit, with each unit consisting of one common share, 1 Series A share purchase warrant and 1…