other_material
confidence high
sentiment neutral
materiality 0.40
INVO Fertility sells $500k of Series C-2 Preferred to existing holder; conversion price set at $0.6285
INVO Fertility, Inc.
- Institutional investor exercised Additional Investment Right to buy 500 shares of Series C-2 Preferred for $500,000 cash.
- Conversion price on C-2 Preferred adjusted to $0.6285 per share following the exercise.
- Securities issued without registration under Section 4(a)(2) and Rule 506 of the Securities Act.
item 3.02item 1.01