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SenesTech ( (SNES) ) just unveiled an update.
On June 30, 2025, SenesTech entered into agreements with certain warrant holders for the exercise of existing warrants to purchase 1,458,872 shares of common stock at $2.90 per share, generating gross proceeds of approximately $4.4 million. In exchange, SenesTech will issue new short-term warrants for the same number of shares at an exercise price of $4.15 per share, with potential additional proceeds of $6.0 million if fully exercised. The company plans to use the funds for working capital and general corporate purposes, with H.C. Wainwright acting as the exclusive placement agent for the transaction.
The most recent analyst rating on (SNES) stock is a Buy with a $10.00 price target. To see the full list of analyst forecasts on SenesTech stock, see the SNES Stock Forecast page.
Spark’s Take on SNES Stock
According to Spark, TipRanks’ AI Analyst, SNES is a Neutral.
SenesTech’s overall stock score is driven primarily by strong technical momentum, indicating positive market sentiment despite financial challenges. The company’s financial performance shows revenue growth but is hindered by profitability issues. Valuation remains a concern due to unprofitability, but the potential for future growth is noted from operational efficiencies and product expansion.
To see Spark’s full report on SNES stock, click here.
More about SenesTech
SenesTech, Inc., based in Surprise, Arizona, is a leader in fertility control for managing animal pest populations. The company has developed products such as ContraPest®, the only U.S. EPA-registered contraceptive for male and female rats, and Evolve™ Rat and Evolve™ Mouse, which are EPA-designated minimum risk contraceptives for rodents. These products are designed to be humane, effective, and sustainable, fitting seamlessly into integrated pest management programs.
Average Trading Volume: 106,579
Technical Sentiment Signal: Sell
Current Market Cap: $9.59M
For an in-depth examination of SNES stock, go to TipRanks’ Overview page.