Full Press Release Details
BIOLOGICS COMPLETES $1.4 MILLION ROUND OF FINANCING
(August 22, 2017) - Bone Biologics (OTC: BBLG), a developer of orthobiologic products for domestic and international
spine fusion markets, announced today the completion of a $1.4 million funding round with Musculoskeletal Transplant Foundation
and Hankey Capital, LLC. The funding represents the first round of a previously announced private placement. Proceeds will be
used for working capital, protein development, laboratory and testing equipment necessary to support such development, regulatory
and clinical expenses, and development work to extend the patent life of NELL-1, as well as for other purposes not presently contemplated
herein but which are related directly to growing the Company's current business, research and development activities
securities offered have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the
United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable
state securities laws.
press release contains forward-looking statements that reflect the Company's current beliefs, expectations or intentions
regarding future events. Any statements contained in this press release that are not statements of historical fact may be deemed
forward-looking statements. Words such as "will," "will be," "anticipate," "predict,"
"continue," "future," and similar expressions are intended to identify such forward-looking statements.
communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be
any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration
or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of
a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.