secwatch.observer — SEC 8-K summary
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Issuer:     FEMASYS INC (FEMY)
CIK:        0001339005
Form:       8-K
Filed at:   2026-08-11T20:40:15+00:00
Accession:  0001140361-26-032247
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Femasys closes ~$30M private placement of stock, pre-funded and milestone warrants
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- Private placement: 5,013,559 shares, 4,361,440 pre-funded warrants, and 18,749,998 warrants at $3.20/share; ~$30M gross proceeds.
- Common warrants exercisable at $2.95; pre-funded at $0.0001; milestone warrants require $1.5M quarterly revenue and 130% price trigger.
- Insiders (CEO, CFO, COO, CTO, Chief Medical Officer) purchased ~$134k of securities on same terms as other investors.
- Nantahala Capital (lead investor) gets board designee rights (up to 2) subject to ownership thresholds; prior board nomination rights from Pointillist convertible note terminated.
- Registration rights agreement: file resale registration statement within 30 days of closing (August 10, 2026).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1339005/000114036126032247/0001140361-26-032247-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1339005/000114036126032247/ef20079916_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-032247

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer