Invizyne Technologies Expands Leadership Team Ahead of Proposed Offering and Listing on Nasdaq
MONROVIA, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- Invizyne Technologies, Inc., a leading designer of cell-free, enzyme-based biomanufacturing systems to produce commercially important molecules and chemicals for everyday life, today announced the appointment of Michael Heltzen as CEO, and the recent hirings of additional seasoned industry executives for its leadership team.
- He also currently serves as Chairman of the Board for EXO Incubator Inc. (private) and BlueSEQ Innovations Inc. (private).
- "Invizyne’s SimplePathTM platform represents the first biomanufacturing technology that I have come across that overcomes the issues of other cell-based synthetic biology approaches,” said Michael Helzten, CEO of Invizyne.
- The offering will be for 4,300,000 shares of common stock at a price per share of $4.00, for gross proceeds of $17.2 million.
- Invizyne has applied to list its common shares on The Nasdaq Stock Market under the ticker symbol "IZTC."