NeOnc Technologies Enters Securities Purchase Agreement For Up To $5,000,000 Of Its Convertible Preferred Stock At $833.34 Per Share, With Up To 6,000 Shares Authorized For Issuance

The transactions contemplated by the Purchase Agreement are expected to close upon the satisfaction of customary closing conditions, including the delivery of subscription funds by the Investors and issuance of the securities by the Company. The Purchase Agreement contains customary representations, warranties, and covenants by the Company and the Investors.