other material
confidence high
sentiment neutral
materiality 0.60
Eyenovia prices $4M registered direct offering of common stock and warrants at $0.46/unit
HYPERION DEFI, INC.
- 8,695,653 shares (or equivalents) and 8,695,653 warrants sold at $0.46 per share and accompanying warrant.
- Gross proceeds ~$4M; closing expected September 30, 2024.
- Warrants exercisable at $0.50/share, begin 6 months post-issuance, expire March 2030.
- Net proceeds for Mydcombi and clobetasol commercialization, CHAPERONE myopia study, working capital, possible debt repayment.
- Lead placement agent A.G.P./Alliance Global Partners; co-agent Brookline Capital Markets.