Serina Therapeutics (SER) Stock Surges Over 39% After Hours— Here's Why

Serina Therapeutics Inc. (NYSE: SER) saw a 39.45% increase in after-hours trading, reaching $1.78, following the announcement of a $15 million private placement. The company expects an additional tranche of up to $15 million by April 30, with potential warrant coverage raising another $33.3 million. CEO Steve Ledger highlighted that the financing will help execute key milestones, while the stock has dropped 71.11% over the past year and is currently trading near its 52-week low.