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Sichenzia Ross Ference LLP Represents BioSolar, Inc. in $5 Million Private Placement

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Press Release – New York, New York – January 28, 2021 – Sichenzia Ross Ference LLP announced today that it represented BioSolar, Inc. (OTC: BSRC), a developer of clean energy technologies including green hydrogen, and lithium-ion battery components, in a private placement offering of of 83,333,334 shares of common stock and warrants to purchase up to an aggregate of 83,333,334 shares of common stock.

The combined purchase price for one share of common stock and a warrant to purchase one share of common stock was $0.06. The gross proceeds were approximately $5.0 million. H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.

The Sichenzia Ross Ference LLP team was led by partners Gregory Sichenzia, Avital Perlman, David Manno and associate Matthew Siracusa.

Sichenzia Ross Ference Carmel LLP