Rezolute, Inc announced entered into a securities purchase agreement of 1,500,000 shares of common stock at a purchase price of $4 per share for gross proceeds $6,000,000 on June 25, 2024. The closing of the Private Placement will take place upon satisfaction of the closing conditions set forth in the Securities Purchase Agreement. The Private Placement is exempt from the registration requirements of the Securities Act of 1933 pursuant to the exemption for transactions by an issuer not involving any public offering under Section 4(a)(2) of the Securities Act and in reliance on similar exemptions under applicable state laws.