---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-041180"
form_type: "8-K"
ticker: "FEMY"
cik: "0001339005"
company_name: "FEMASYS INC"
filed_at: "2025-11-07T23:59:59+00:00"
generated_at: "2026-05-16T22:58:09.779269+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Femasys raises $12M via senior secured convertible notes and warrants

## Summary
- Senior secured convertible notes: $12M aggregate principal, 8.5% interest (PIK), conversion price $0.73 (15% premium to close), 10-year maturity.
- Series A-1/B-1/C-1 warrants at $0.81/$0.92/$1.10 exercise prices, expiring 10 years (some subject to early expiry based on sales or FDA approval).
- Proceeds to repay existing $12M Nov 2023 senior notes and for working capital; first closing Nov 7, second Nov 26, 2025.
- CEO Kathy Lee Sepsick, CFO, and board member purchased $100k of notes/warrants on same terms as other investors.
- Lead lender Pointillist Global Macro receives board nomination right until ownership <4.99% or 5 years; standstill at 30%.

## SEC filing metadata
- accession: 0001140361-25-041180
- form_type: 8-K
- ticker: FEMY
- cik: 0001339005
- company_name: FEMASYS INC
- filed_at: 2025-11-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1339005/000114036125041180/0001140361-25-041180-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1339005/000114036125041180/ef20058459_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-041180
- JSON: https://secwatch.observer/filing/0001140361-25-041180.json
- Plain text: https://secwatch.observer/filing/0001140361-25-041180.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
