Rennova registers $30 million of common stock for public sale of units

Deal offers units of one share and one warrant to fund working capital

By Devika Patel

Knoxville, Tenn., Nov. 23 – Rennova Health, Inc. will price a public offering of units with a 30-day greenshoe, according to a Form S-1 filed Monday with the Securities and Exchange Commission. The company has registered up to $30 million of stock.

The units will each consist of one common share and one warrant.

Proceeds will be used for working capital and general corporate purposes.

The healthcare solutions company is based in West Palm Beach, Fla.

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