ZyVersa Therapeutics expects cash to fund requirements on month-to-month basis

Based on its current operating plan, ZyVersa expects its cash of approximately $1.5 million as of December 31, 2024, will be sufficient to fund its operating expenses and capital expenditure requirements on a month-to-month basis. ZyVersa will need additional financing to support its continuing operations, pay its current liabilities, and to meet its stated milestones. ZyVersa will seek to fund its operations and clinical activity through public or private equity or debt financings or other sources, which may include government grants, collaborations with third parties or outstanding warrant exercises.