other material
confidence high
sentiment neutral
materiality 0.60
NanoViricides raises $6M in registered direct offering and private placement with warrants
NANOVIRICIDES, INC.
- Offered 3,571,429 shares (or pre-funded equivalents) at $1.68/share for gross proceeds of ~$6M.
- Concurrent private placement of Series A warrants (3.57M shares, $1.75 exercise, 2yr) and Series B warrants (3.57M shares, $2.00 exercise, 5.5yr).
- Offering closed Nov 12, 2025; net proceeds for working capital and general corporate purposes.
- Directors and executive officers entered into 90-day lock-up agreements following closing.
- A.G.P./Alliance Global Partners acted as sole placement agent with 7% cash fee.