other material
confidence high
sentiment neutral
materiality 0.60
Femasys enters $10M equity purchase agreement with Alumni Capital LP
FEMASYS INC
- Up to $10M of common stock may be sold to Alumni Capital at Company's election through Dec. 31, 2026.
- Pricing at 90% of lowest 4-day traded price (Option 1) or 97% of 2-day VWAP (Option 2).
- Commitment fee of 2% ($200,000) to be paid in cash or shares, likely in cash.
- Registration statement on Form S-1 must be filed by July 30, 2025 and effective within 120 days.
- Purchaser limited to 4.99% beneficial ownership; may be increased to 9.99%.