SenesTech closes $5M public offering of stock and warrants; net proceeds ~$4.25M

SenesTech, Inc.

Offered 1,428,572 shares (or pre-funded warrants) plus Series A and B warrants at $3.50/unit, gross $5.0M.
Net proceeds ~$4.25M after fees; funds for general corporate purposes including R&D and working capital.
Amended existing warrants for 112,464 shares to reduce exercise price to $3.165 and extend to 5 years.
H.C. Wainwright acted as exclusive placement agent with 7.5% cash fee and 1% management fee plus warrants.

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