Pluri raises ~$8.4M in private placement of shares and warrants; CEO salary reduction for equity

Pluri Inc.

Private placement of 8,020,900 common shares at $1.03–$1.09 per share with matching warrants exercisable for 3 years.
Total proceeds ~$8.4 million; closings expected between Dec 15, 2022 and Jan 31, 2023.
CEO Yaky Yanay forgoes $375,000 annual cash salary in 2023 for 334,821 RSUs, 334,821 options at $1.12, plus 1,500,000 performance-vesting options.
Purchasers agree to irrevocable proxy authorizing CEO/CFO to vote shares in favor of increasing authorized shares.

item 1.01 item 3.02 item 5.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Pluri Inc. entered into Securities Purchase Agreement with accredited and non-U.S. investors (effective 2022-12-19).

Action: entry
Agreement: equity purchase
Counterparty: accredited and non-U.S. investors
Effective: 2022-12-19

Exact text from the filing

On December 13, 2022, the Company executed securities purchase agreements to sell, at a purchase price of $1.03 per share, up to 5,579,883 Common Shares and Warrants to purchase up to 5,579,883 Common Shares, with an exercise price of $1.03 per share and a term of three years.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Pluri Inc. entered into Securities Purchase Agreement with accredited and non-U.S. investors (effective 2022-12-19).

Action: entry
Agreement: equity purchase
Counterparty: accredited and non-U.S. investors
Effective: 2022-12-19

Exact text from the filing

On December 14, 2022, the Company executed securities purchase agreements to sell, at a purchase price of $1.05 per share, up to 2,068,517 Common Shares and Warrants to purchase up to 2,068,517 Common Shares, with an exercise price of $1.05 per share and a term of three years.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Pluri Inc. entered into Securities Purchase Agreement with accredited and non-U.S. investors (effective 2022-12-19).

Action: entry
Agreement: equity purchase
Counterparty: accredited and non-U.S. investors
Effective: 2022-12-19

Exact text from the filing

On December 15, 2022, the Company executed securities purchase agreements to sell, at a purchase price of $1.06 per share, up to 237,500 Common Shares and Warrants to purchase up to 237,500 Common Shares, with an exercise price of $1.06 per share and a term of three years.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Pluri Inc. entered into Securities Purchase Agreement with accredited and non-U.S. investors (effective 2022-12-19).

Action: entry
Agreement: equity purchase
Counterparty: accredited and non-U.S. investors
Effective: 2022-12-19

Exact text from the filing

On December 19, 2022, the Company executed a securities purchase agreement to sell, at a purchase price of $1.09 per share, up to 135,000 Common Shares and Warrants to purchase up to 135,000 Common Shares, with an exercise price of $1.09 per share and a term of three years.

View on SEC.gov

39 material agreements filed in the last 30 days. Browse all material agreements →

Pluri Inc. filing history →

Source: SEC EDGAR

accession 0001213900-22-080909

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.