other material
confidence high
sentiment negative
materiality 0.65
Eyenovia prices public offering of 12.85M shares at $0.40 for ~$5.14M gross proceeds
HYPERION DEFI, INC.
- Priced 12,850,000 common shares at $0.40 per share; expected to close August 22, 2024.
- Gross proceeds of approximately $5.14 million before fees and expenses.
- Proceeds to fund Mydcombi and clobetasol propionate commercialization, CHAPERONE pediatric myopia study, and general corporate purposes.
- May also repay portion of existing indebtedness under Loan and Security Agreement with Avenue Capital Management.
- Dawson James Securities acting as sole placement agent; offering made under existing S-3 shelf registration.