NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--Senesco Technologies, Inc. (“Senesco” or the “Company”) (AMEX: SNT) today announced that on September 21, 2007 it has closed on $1.5 million of its previously announced private placement with YA Global Investments, LP (“YA Global”) of an aggregate of up to $5 million, three-year secured convertible debentures with an 8% coupon. On September 14, 2007, the American Stock Exchange approved the Company’s application for listing such additional shares of the Company’s common stock underlying such debentures. The next $1.5 million tranche will occur upon the filing of a registration statement, with the balance subject to stockholder approval and the Company’s fulfillment of other covenants and milestones.
