secwatch / observer
8-K filed August 10, 2023, 7:59 PM ET ticker EVFM CIK 0001618835
other material confidence high sentiment negative materiality 0.70

Evofem raises $650K net via $1M convertible note offering and debt-for-preferred exchange

Evofem Biosciences, Inc.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Evofem Biosciences, Inc.: Filed Certificate of Designations creating Series E-1 Preferred Stock, part of Amended and Restated Articles of Incorporation (effective 2023-08-07).

Change
charter amendment
Effective
2023-08-07
Exact text from the filing
On August 7, 2023 the Company filed the Certificate of Designations creating the Series E-1 Preferred Stock. The Certificate of Designations, which forms a part of the Company’s Amended and Restated Articles of Incorporation, specifies the terms of the Series E-1 Preferred Stock.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Evofem Biosciences, Inc. entered into Securities Purchase Agreement with certain investors valued at Notes in aggregate original principal amount of $1,000,000 and Warrants to purchase 799,999 shares o (effective 2023-08-04).

Action
entry
Agreement
notes offering
Counterparty
certain investors
Value
Notes in aggregate original principal amount of $1,000,000 and Warrants to purchase 799,999 shares o
Effective
2023-08-04
Exact text from the filing
On August 4, 2023, Evofem Biosciences, Inc., a Delaware corporation (the “ Company ”), entered into a securities purchase agreement (“ SPA ”), with certain investors (the “ Investors ”) providing for the sale and issuance of senior subordinate convertible notes due in the aggregate original principal amount of $1,000,000 (the “ Notes ”) and warrants (“ Warrants ”) to purchase an aggregate 799,999 shares of Common Stock, par value $0.0001 per share (the “ Common Stock ”) (collectively, the “ Offering ”).
View on SEC.gov

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Evofem Biosciences, Inc. filing history →

Source: SEC EDGAR
accession 0001493152-23-027642
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