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SenesTech to Participate in the Lytham Partners 2025 Consumer & Technology Investor Summit on August 19, 2025
Prnewswire· 2025-08-18 20:15
Company Overview - SenesTech, Inc. is a leader in fertility control for managing animal pest populations, focusing on sustainable alternatives to traditional pest control methods [3] - The company has developed ContraPest®, the first and only U.S. EPA-registered contraceptive for male and female rats, along with Evolve Rat and Evolve Mouse Birth Control, which are FIFRA 25(b) minimum-risk solutions [3] Upcoming Events - SenesTech will participate in a webcast presentation at the Lytham Partners 2025 Consumer & Technology Investor Summit on August 19, 2025, at 3:30 p.m. ET [1][2] - The webcast can be accessed through the conference home page or directly via provided links, with a replay available afterward [2] Mission and Vision - The company's mission emphasizes healthier cities, safer environments, and smarter pest management, advocating for reproductive control as the future of pest management [4]
SenesTech Announces Closing of Warrant Exercise for $6.3 Million in Gross Proceeds
Prnewswire· 2025-08-05 23:10
Core Viewpoint - SenesTech, Inc. has successfully closed the exercise of outstanding warrants, raising approximately $6.3 million, and issued new short-term warrants for additional capital [1][4]. Group 1: Financial Details - The company exercised warrants to purchase 1,458,872 shares at an exercise price of $4.15 per share [1]. - New unregistered short-term warrants were issued to purchase up to 2,188,308 shares at an exercise price of $5.25 per share, with a purchase price of $0.125 per warrant [3]. - The potential gross proceeds from the new short-term warrants, if fully exercised, could amount to approximately $11.5 million [4]. Group 2: Use of Proceeds - The net proceeds from the transaction are expected to be used for working capital and general corporate purposes [4]. Group 3: Company Overview - SenesTech is focused on humane management of animal pest populations through fertility control, with products like ContraPest® and Evolve™ [8]. - ContraPest® is the only U.S. EPA-registered contraceptive for male and female rats, while Evolve™ products are designated as minimum risk contraceptives for rodents [8].
SenesTech Announces Closing of Warrant Exercise for $4.4 Million in Gross Proceeds
Prnewswire· 2025-07-01 21:46
Core Points - SenesTech, Inc. announced the closing of the exercise of outstanding warrants to purchase 1,458,872 shares of common stock at an exercise price of $2.90 per share, generating approximately $4.4 million in gross proceeds [1][4] - The company issued new unregistered short-term warrants for the same number of shares at an exercise price of $4.15 per share, with a purchase price of $0.125 per warrant, potentially raising an additional $6.0 million if fully exercised [3][4] - The net proceeds from the transaction are intended for working capital and general corporate purposes [4] Company Overview - SenesTech is focused on humane management of animal pest populations through fertility control, having developed products like ContraPest®, the only U.S. EPA-registered contraceptive for rats, and Evolve™ products for rodents [8]
SenesTech Announces Warrant Exercise for $4.4 Million in Gross Proceeds
Prnewswire· 2025-07-01 12:00
Core Viewpoint - SenesTech, Inc. has entered into definitive agreements for the immediate exercise of outstanding warrants to purchase 1,458,872 shares of common stock at an exercise price of $2.90 per share, with the transaction expected to close around July 1, 2025 [1] Group 1: Warrant Exercise and Financial Details - The company will issue new unregistered short-term warrants to purchase an additional 1,458,872 shares at an exercise price of $4.15 per share, with a purchase price of $0.125 per warrant [3] - The gross proceeds from the exercise of existing warrants are expected to be approximately $4.4 million, while potential gross proceeds from the new short-term warrants could reach approximately $6.0 million if fully exercised [4] - The net proceeds from the transaction are intended for working capital and general corporate purposes [4] Group 2: Regulatory and Compliance Information - The resale of shares from the existing warrants has been registered under an effective registration statement on Form S-3 [5] - The new short-term warrants have not been registered under the Securities Act of 1933, and may not be offered or sold in the U.S. without an effective registration statement or applicable exemption [6] Group 3: Company Overview - SenesTech is focused on humane management of animal pest populations through fertility control, with products like ContraPest® and Evolve™ designed for effective pest management [8]
SenesTech's Evolve™ Rodent Birth Control Proven in Urban Rodent Hotspots from Hong Kong to San Francisco
Prnewswire· 2025-06-26 12:00
Core Insights - SenesTech, Inc. has reported successful results from urban deployments of its Evolve™ Rat Birth Control in Hong Kong and San Francisco, demonstrating a faster and more sustainable approach to rodent control by combining fertility control with traditional rodenticides [1][3][5] Group 1: Urban Rodent Challenges - Global cities are facing persistent rodent issues due to dense infrastructure, hard-to-access breeding sites, and abundant food sources, leading to the inadequacy of traditional rodenticide programs over time [2] - Rodents have shown adaptability to poisons, resulting in unchecked reproduction despite aggressive control measures [2] Group 2: Integrated Pest Management Strategy - The integrated strategy employed in Hong Kong involved deploying Evolve's palatable soft bait alongside conventional rodenticide blocks, leading to a significant reduction in rodent sightings and no new litters detected within three months [3][4] - In San Francisco, a similar approach resulted in reduced visible rodent activity, decreased overall poison usage, and a measurable drop in new rodent births [4] Group 3: Industry Implications - The success of these deployments indicates that fertility control can serve as a practical tool for pest professionals, enhancing integrated pest management (IPM) programs and reducing reliance on rodenticides [5] - The company is preparing for a container-sized order from Hong Kong, signaling rapid expansion and increased demand for its products [5] Group 4: Market Opportunities - Fertility control solutions like Evolve align with evolving environmental regulations and public demand for humane, low-toxicity pest management, offering improved outcomes and better ROI for pest control professionals and property owners [6] - This trend indicates a rapidly growing global market for next-generation rodent control solutions that complement traditional methods [6]
SenesTech and Irvine Campus Housing Authority Conclude Successful Field Trial of Evolve™ Rat Birth Control at UC Irvine
Prnewswire· 2025-06-25 12:00
Core Insights - SenesTech, Inc. has successfully completed a nine-month field trial of its Evolve™ Rat Birth Control at the University Hills community, marking a significant step in ecologically responsible pest management [1][2][3] - The initiative, driven by resident demand, aimed to eliminate rodenticides in favor of integrated pest management strategies that prioritize environmental safety [2][5] - Evolve was deployed across 267 bait stations, achieving a 98% consumption rate among rats, indicating high acceptance and effectiveness of the bait [3][5] Company Overview - SenesTech specializes in fertility control solutions for managing animal pest populations, with products like ContraPest® and Evolve™ designed to be humane, effective, and sustainable [7] - The company emphasizes its commitment to improving global health through responsible pest management practices [7] Community Engagement - The project involved collaboration with the Irvine Campus Housing Authority and the grassroots initiative HOOT Group, which promotes owl nesting to reduce reliance on rodenticides [4][5] - The community's transition away from rodenticides has led to reduced rodent complaints and less observed rodent activity [5] Future Plans - SenesTech is placing a multi-pallet restocking order for continued deployment and expansion of its products [6]
SenesTech Announces Bradley Caldwell, Inc. as New U.S. Distributor for Evolve Rodent Fertility Control Products
Prnewswire· 2025-06-11 12:00
Core Insights - SenesTech has entered a distribution agreement with Bradley Caldwell, Inc. to enhance the availability of Evolve™ Rodent Birth Control in rural America [1][2] - The partnership aims to leverage BCI's extensive network of over 8,000 dealers to improve access to rodent control solutions in agricultural communities [1][2] - This agreement represents a significant step in SenesTech's commercialization strategy, with BCI's initial order being the largest distributor stocking order received by the company [3] Company Overview - SenesTech specializes in fertility control for managing animal pest populations, with products like ContraPest and Evolve designed to be humane and effective [4] - The company focuses on providing sustainable pest management solutions that integrate into existing pest management programs [4] Strategic Benefits - The partnership with BCI is expected to accelerate market penetration in underserved areas where traditional rodenticides face challenges [7] - BCI customers will gain a competitive edge by offering a scientifically-backed, humane alternative to traditional poisons [7] - The collaboration supports SenesTech's long-term growth strategy, anticipating revenue increases from expanded retail sales and new customer acquisition [7]