NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--Senesco Technologies, Inc. (“Senesco” or the “Company”) (AMEX:SNT) today announced that on October 16, 2007, it has closed on an additional $1.5 million of its previously announced private placement with YA Global Investments, LP (“YA Global”). The Company has now closed on an aggregate of $3 million of the $5 million private placement of secured convertible debentures and warrants. On October 12, 2007, the Company filed a registration statement on Form S-3 to register 3,333,333 shares of the Company’s common stock underlying such issued debentures. The next $2.0 million traunche will occur upon the later of stockholder approval or the effectiveness of the registration statement, and the Company’s fulfillment of other covenants and milestones.
