Carmell Corporation announced it has entered into a securities purchase agreement with new and existing investors for the issuance aggregate of 1,331,452 shares at a price of $2.25 per common share and shares at a price of $2.88 per common share for aggregate gross proceeds of $3,000,000 on April 4, 2024. The transaction included participation from Chief Executive Officer of the Company for shares at a price of $2.88 per common share. The Private Placement is exempt from the registration requirements of the Securities Act pursuant to the exemption for transactions by an issuer not involving any public offering under Section 4(a)(2) of the Securities Act and Rule 506 of Regulation D of the Securities Act and in reliance on similar exemptions under applicable state laws.