other_material
confidence high
sentiment neutral
materiality 0.65
Aspira Women's Health raises $3.06M in private placement at $0.45/unit, issues 6.55M shares
Aspira Women's Health Inc.
- Gross proceeds $2.95M from sale of 6.55M shares and 4.91M warrants at $0.45/unit; plus $112.5K from exercise of 450K warrants.
- Each unit: 1 share + 0.75 warrant; warrants exercisable at $0.75/share for 5 years.
- Net proceeds used for working capital, commercial activities, and general corporate purposes.
- Board members participated as investors alongside existing and new accredited investors.
- Total new shares issued ~7.0M; warrant overhang 4.91M shares at $0.75 exercise price.
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