On July 17, 2017, AntriaBio, Inc. (OTCPK:ANTB) closed the transaction. The company has issued 6,273,810 shares for gross proceeds of $6,273,810 in its third tranche. The company has raised $4,500,000 pursuant to Regulation D in this tranche.

The company has issued total 13,000,000 shares for gross proceeds $13,000,000. The transaction included participation from new investors, Aju Pharm Co Limited, Ildong Pharmaceutical Co., Ltd. (KOSE:A249420), and Medici Investment.