PHILADELPHIA--(BUSINESS WIRE)--AVAX Technologies, Inc. (OTCMarket: AVXT.OB) announces that the Company has entered into definitive agreements for the sale to certain accredited and institutional investors of approximately 80,000,000 shares of its common stock for gross proceeds of $10,000,000. In connection with the purchase of the stock the Company has also agreed to issue to the investors warrants to purchase an additional 80,000,000 shares of common stock.
