other_material
confidence high
sentiment neutral
materiality 0.60
NanoViricides raises $2M in registered direct offering of shares and warrants
NANOVIRICIDES, INC.
- Offering of 1,333,334 shares (or pre-funded warrants) plus 1,333,334 warrants at $1.75, priced at $1.50 per share.
- Gross proceeds $2,000,001; closed May 18, 2026; D. Boral Capital as placement agent.
- Single institutional investor purchased entire offering; CEO agreed to 30-day lock-up.
- Net proceeds to fund working capital, R&D, and clinical trial expenses.
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