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KLOTHO NEUROSCIENCES RAISES OVER $11 MILLION, RETIRES ALL DEBT, AND EXCEEDS NASDAQ STOCKHOLDERS' EQUITY REQUIREMENT

Highlights: NEW YORK, June 16, 2025 /PRNewswire/ -- Klotho Neurosciences, Inc. (NASDAQ: KLTO), a U.S.-based biogenetics company, today announced that over the course of the last ten days, it raised over 11millioninfundingthroughtheexerciseofexistingwarrantsbyinvestors.TheCompanybelievesthatitnowsurpassesNasdaqsstockholdersequityrequirementrequirementsoutlinedinitsNasdaqcomplianceplan.Inaddition,theCompanyutilized11 million in funding through the exercise of existing warrants by investors. The Company believes that it now surpasses Nasdaq's stockholders' equity requirement requirements outlined in its Nasdaq compliance plan. In addition, the Company utilized 3.1 million of the funds raised to extinguish all outstan ...