other_material
confidence high
sentiment neutral
materiality 0.70
Reviva prices $9M public offering of 27M shares and warrants at $0.335/unit
REVIVA PHARMACEUTICALS HOLDINGS, INC.
- 27M shares of common stock plus Series E (5-year term) and Series F (1-year term) warrants, each exercisable for 27M shares at $0.335.
- Gross proceeds of $9M; net proceeds ~$8.1M after fees and expenses.
- Offering expected to close on or about September 22, 2025, subject to customary conditions.
- Proceeds to fund R&D activities and for working capital and general corporate purposes.
- Placement agent: A.G.P./Alliance Global Partners; securities offered under effective shelf registration statement.
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