other material
confidence high
sentiment neutral
materiality 0.50
PetVivo receives final $600K installment of $1M equity financing; issues 1.25M units at $0.80/unit
PetVivo Holdings, Inc.
- Received $600K on April 15, 2026 as final payment under March 13 Subscription Agreement, completing $1M total investment.
- Issued 1,250,000 units at $0.80/unit; each unit = one share common + one warrant (exercise $1.10, expires 3 years).
- Of total, 750,000 units issued upon $600K final installment.
- Investor has option to buy up to $1.5M additional units (max 1,875,000 units) on same terms by June 15, 2026.
- Proceeds to fund commercialization of lead product Spryng™, new product development, clinical trials, and working capital.