other material
confidence high
sentiment neutral
materiality 0.40
Vivos Therapeutics prices $4.3M registered direct offering of 1,363,812 shares at $3.15/share
Vivos Therapeutics, Inc.
- Gross proceeds of ~$4.3M before fees; closing expected Sept 20, 2024.
- Placement agent H.C. Wainwright receives 7% cash fee plus 95,467 warrants at $3.9375.
- Net proceeds to be used for working capital and general corporate purposes.
- No warrants issued to investors; offering priced at-the-market under Nasdaq rules.
- Shares sold under effective shelf registration statement (File No. 333-262554).