Revelation Biosciences Inc. Announces Closing of $4.4 Million in Series A-1 Financing

MENLO PARK, Calif.--(BUSINESS WIRE)--Revelation Biosciences Inc. (Revelation), a clinical stage life sciences company focused on the development of immunologic-based therapies for the prevention and treatment of disease, announced today the closing of a private placement financing, raising gross proceeds of $4.4 million. National Securities Corporation, a wholly owned subsidiary of National Holdings, Inc. (NASDAQ:NHLD) acted as the exclusive placement agent and financial adviser for the successful completion of the Series A-1 Preferred Stock financing. The Company sold 684,444 shares of Series A-1 Preferred Stock at a purchase price of $6.36 per share (“Offering”). To date The Company has raised gross proceeds of $14.5 million.