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RZLT - Rezolute files for resale of 10.9M shares by selling stockholders
Rezolute Inc.
Rezolute (NASDAQ:RZLT) on Friday filed for resale of 10.9M shares by selling stockholders, issuable on the exercise of 10.9M class B warrants. The warrants have an exercise price of $0.001/share. RZLT will receive up to ~$10K from the exercise of warrants. Net proceeds from the exercise of warrants will be used for general corporate purposes. RZLT will not receive any proceeds from the sale of shares by selling stockholders.