Talphera raises ~$1.6M in final private placement tranches; regains Nasdaq compliance

TALPHERA, INC.

Issued 1,023,890 shares at $0.586/share and pre-funded warrants for 1,706,484 shares at $0.585/warrant.
Pre-funded warrants exercisable at $0.001/share with unlimited term; gross proceeds ~$1.6M.
Nasdaq notified Talphera on Oct 20, 2025 that it regained bid price compliance (closing bid ≥$1.00 for 10 consecutive days ending Oct 17, 2025).
Second and third closings of private placement occurred after certain purchasers waived conditions on Oct 21, 2025.

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