INVO Fertility settles litigation with Dr. Pritts for $6.01M; issues preferred shares

INVO Fertility, Inc.

Settlement requires Wood Violet to pay Dr. Pritts $6,010,000 in installments through Dec 2026, with $1M already paid.
Remaining payments: $755k due Sep 30, 2025; $755k Dec 31, 2025; $1M Mar 31, 2026; $2M Jun 30, 2026; $500k Dec 31, 2026.
If INVO raises >$2M in any 6-month period, 25% of excess funding accelerates settlement payments.
Institutional investor exercises Additional Investment Right, acquires 400 shares of Series C-2 Preferred for $400k cash, conversion price adjusted to $0.7141.
Settlement terminates all transaction documents, purchase price adjustments, and restrictive covenants; Dr. Pritts released from non-compete.

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