In the past a couple of weeks, besides focusing on building the technology in the lab, we also made the decision to convert our company from LLC to a C-corp. You will receive an email from Wefunder soon notifying the conversion, and you would be requested to provide your signature for approval. By signing the new contract, your invested “units” will be exchanged for future “shares”, which creates a simple, transparent corporate structure, and increases our chances to raise capital from Venture Capitalists in the future rounds. We are confident this step will support Petri Bio’s growth long into the future, and as always, we sincerely appreciate your support for every step in the journey!
Hope you all stay safe and healthy and have a great week ahead!
Petri Bio team
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