other material
confidence high
sentiment neutral
materiality 0.65
Bullfrog AI raises $3.13M in registered direct offering and private placement
BullFrog AI Holdings, Inc.
- Sold 1,565,000 shares (or pre-funded equivalents) at $2.00/share plus warrants for same number.
- Gross proceeds $3.13M; warrants exercisable at $2.00 after 6 months, expire in 5 years.
- Directors and officers locked up for 60 days from closing on Oct 21, 2024.
- WallachBeth Capital acted as sole placement agent with 8% cash fee and 4% warrant coverage.