other material
confidence high
sentiment neutral
materiality 0.60
enVVeno Medical closes $15M public offering of common stock and pre-funded warrants
enVVeno Medical Corp
- Gross proceeds of ~$15M from sale of 4,206,106 common shares and 79,609 pre-funded warrants at $3.50/$3.4999.
- Underwriter (Titan Partners) granted 30-day option for up to 642,857 additional shares at the offering price.
- Underwriter receives warrant for 300,001 shares at $4.025, exercisable starting 6 months post-closing for 5 years.
- Offering conducted via prospectus supplement under effective shelf registration statement (File No. 333-273546).