In the news release, "Dawson James Securities Acts as Financial Advisor to Oragenics, Inc. on $3.4m Preferred Stock Private
Placement and $2.4m Loan" issued earlier today by Dawson James Securities, Inc., we are advised by the company that the Series A
convertible preferred stock price is $0.25 rather than $0.025 as originally issued.
BOCA RATON, FL / ACCESSWIRE / May 11, 2017 / Dawson James Securities, Inc., in conjunction with Oragenics, Inc. (NYSE MKT:
OGEN), announced the closing of a $3.0 m Preferred Stock Private Placement and $2.4m loan. Three accredited investors entered into
a securities purchase agreement to purchase up to $3m of Series A convertible preferred stock at a price of $0.25 per share.
Concurrently with this financing, the Company also entered into a Note Purchase Agreement with Intrexon Corporation pursuant to
which the Company issued a $2.4m unsecured non-convertible promissory note to Intrexon and amended the first milestone in its oral
mucositis Exclusive Channel Collaboration Agreement with Intrexon. Dawson James Securities, Inc. acted as financial advisor to the
transaction. The proceeds from the stock offering combined with the loan from Intrexon will enable the Company to continue
advancing their biotherapeutic candidate AG013 toward the clinic for the treatment of oral mucositis.
About Oragenics, Inc.
Oragenics, Inc. is focused on becoming a world leader in novel antibiotics against infectious disease and on developing
effective treatments for oral mucositis. Oragenics, Inc. has established two exclusive worldwide channel collaborations with
Intrexon Corporation, a synthetic biology company. The collaborations allow Oragenics access to Intrexon's proprietary technologies
toward the goal of accelerating the development of much needed new antibiotics that can work against resistant strains of bacteria
and the development of biotherapeutics for oral mucositis and other diseases and conditions of the oral cavity, throat, and
esophagus.
About Dawson James Securities
Dawson James Securities specializes in capital raising for small and microcap public and private growth companies primarily in
the Life Science/Health Care, Technology and Consumer sectors and is a full service investment banking firm with research,
institutional and retail sales, and execution trading and corporate services. Headquartered in Boca Raton, FL, Dawson James is
privately held with offices in New York, Maryland, New Jersey, and North Carolina (www.dawsonjames.com).
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release may contain forward-looking
information within the meaning of Section 27A Of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipates," or similar expressions.
Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking
statements.
Member FINRA/SIPC. For more information, please contact:
Elise Stern, Managing Director, Head of Capital Markets estern@dawsonjames.com 561-208-2926
SOURCE: Dawson James Securities, Inc.
