other material
confidence high
sentiment neutral
materiality 0.60
Eyenovia raises ~$5M via registered direct offering of shares and warrants; amends prior warrants
HYPERION DEFI, INC.
- Offering of 7,575,757 shares plus warrants to purchase 7,575,757 shares at $0.66 per unit.
- Gross proceeds ~$5M; net to fund Mydcombi/clobetasol commercialization and CHAPERONE study.
- Warrants exercisable at $0.69, 6-month lockout, expire Jan 2, 2030.
- Prior warrants for ~10.4M shares amended: exercise price cut from ~$2.22 to $0.69, term extended to Jan 1, 2030.
- Placement agents: Chardan Capital Markets and Brookline Capital Markets; closing expected July 1, 2024.