secwatch.observer — SEC 8-K summary
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Issuer:     FEMASYS INC (FEMY)
CIK:        0001339005
Form:       8-K
Filed at:   2023-04-20T23:59:59+00:00
Accession:  0001140361-23-019300
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Femasys announces $3.9M registered direct offering priced at $1.22
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- Gross proceeds of ~$3.9M from sale of 3,196,722 shares (or equivalents) at $1.22; net ~$3.4M after fees.
- Warrants to purchase up to 3,196,722 shares at $1.095, exercisable immediately, term 5.5 years.
- Offering expected to close April 20, 2023; proceeds for working capital and general corporate purposes.
- Suspended ATM sales program under Equity Distribution Agreement effective April 18, 2023.
- H.C. Wainwright & Co. served as exclusive placement agent; 7.5% cash fee plus warrants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1339005/000114036123019300/0001140361-23-019300-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1339005/000114036123019300/ny20008824x2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-019300

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