ABMC Announces Common Stock Purchase Agreement for up to $10m With Lincoln Park Capital Fund, LLC

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Dec 11, 2020
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KINDERHOOK, NY / ACCESSWIRE / December 10, 2020 / American Bio Medica Corporation (OTCQB:ABMC) today announced it has entered into a purchase agreement and registration rights agreement with Lincoln Park Capital Fund, LLC ("LPC"), a Chicago-based institutional investor. Upon execution of the purchase agreement, LPC made an initial purchase of $125,000 of common stock at $0.25 per share. An additional $125,000 of common stock will be purchased by LPC upon a registration statement being filed and declared effective by the U.S. Securities and Exchange Commission ("SEC").