other material
confidence high
sentiment neutral
materiality 0.45
Organovo issues ~3M shares via warrant exercises and ATM sales, raising ~$2.3M
VivoSim Labs, INC.
- Issued 2,967,144 shares of common stock from warrant exercises and at-the-market sales.
- Gross proceeds expected to be approximately $2.3 million, before fees and commissions.
- After issuance, total outstanding shares are 20,421,617.
- Warrant shares registered under an effective shelf registration statement (May 8, 2024).