INVO Fertility raises $7.5M via warrant exercise; issues new warrants for 9.5M shares

INVO Fertility, Inc.

Holder exercises 4,733,728 existing warrants at reduced $1.59 price, gross proceeds ~$7.5M.
Company issues new unregistered warrants to purchase up to 9,467,456 shares at $1.59.
New warrants exercisable only after shareholder approval, expire 5.5 years later.
Company agrees to file resale registration statement and avoid variable rate transactions for a period.
Maxim Group acts as exclusive financial advisor, receiving 6.5% of gross proceeds.

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