RANI South Lake One LLC sells $12.5M worth of shares
Oct 18, 2024, 7:33 AM
-1.73%
What does RANI do
Rani Therapeutics Holdings, a clinical-stage biotherapeutics company based in San Jose, California, focuses on developing oral delivery technologies like the RaniPill capsule for biologics and drugs. The company went public on July 30, 2021, and has a pipeline that includes multiple drug candidates.
South Lake One LLC sold 3,829,360 shares of RANI on 15 October at $3.26 per share, worth a total of $12.5M. They now own 8,825,932 RANI shares, or a 32% holding decrease.
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