other material
confidence high
sentiment neutral
materiality 0.60
PetVivo raises $1.25M in private placement of units at $0.90/unit
PetVivo Holdings, Inc.
- Sold 1,386,469 units to 13 accredited investors at $0.90 per unit.
- Each unit includes one restricted share and one warrant exercisable at $1.50 until Feb 1, 2027.
- Proceeds to be used for commercialization of Spryng™ with OsteoCushion™ Technology, clinical trials, and working capital.
- Warrants are immediately exercisable with no cashless exercise rights.
- Securities are restricted under Rule 144; no registration rights.