Soligen Reports Cash Reserves Running Low

Soligen Technologies Inc. said that its cash reserves may not be adequate beyond the end of June.

In an effort to raise additional capital from its current investors, Soligen is offering holders of warrants from classes A through G a chance to exercise them at a reduced price, or to exchange them for shares of Soligen’s common stock.

Soligen, based in Northridge, sells various fabrication processes used in metal parts to customers in the automotive industry.