Solar Pharma Boosts Funding in Pharmazz Inc to $25 Million, Increasing Stake to 22.7%, ETCFO
Solar Pharmaceutical Industries Ltd on Friday stated it has entered into an settlement with US-based Pharmazz Inc to speculate as much as USD 25 million, leading to growing its stake within the firm to 22.7 per cent. The funding triggers conversion of earlier funding by way of SAFE (easy settlement for future fairness) leading to…