Tivic Health enters up to $8.4M Series B Preferred financing with Helena Global

Valion Bio, Inc.

Up to $8.4M from sale of Series B Non-Voting Convertible Preferred at $1,000/share plus warrants for common stock.
Six tranche closings: initial $700k, then $700k, then $1.75M each for four more; warrants cover 30% of underlying common.
Series B Preferred: 10% cumulative annual dividend, convertible at 90% of 5-day VWAP (floor $1.294).
Registration rights: Company to file resale registration statement within 15 days for conversion and warrant shares.
Stockholder approval required for second tranche and beyond; Exchange Cap of 19.99% of outstanding common.

item 1.01 item 5.03 item 3.02 item 3.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Valion Bio, Inc.: Filed Certificate of Designation for Series B Non-Voting Convertible Preferred Stock, designating new series of preferred stock with specific rights and preferences (effective 2025-04-29).

Change: charter amendment
Effective: 2025-04-29

Exact text from the filing

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On April 29, 2025, the Company filed a Certificate of Designation of Preferences, Rights and Limitations of the Series B Non-Voting Convertible Preferred Stock (the “Certificate of Designation”) with the Secretary of State of the State of Delaware in connection with the Offering discussed above in Item 1.01.

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13 governance changes filed in the last 30 days. Browse all governance changes →

Valion Bio, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-25-062733

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