Telomir Pharmaceuticals Secures $5.6 Million Financing as Billionaire Entrepreneur John Paul DeJoria Increases Investment in the Company
Telomir Pharmaceuticals announced an approximately $5.6 million PIPE financing through the issuance of common stock, with no accompanying warrants or convertible securities. The financing includes an additional $1.0 million investment from existing significant shareholder John Paul DeJoria.
Why it matters — The financing adds capital to Telomir and includes a further investment from an existing significant shareholder.