other material
confidence high
sentiment negative
materiality 0.65
IR-Med raises $19K private placement; grants >11M options to directors at $0.001
IR-Med, Inc.
- Private placement: 250k shares at $0.10 + 250k warrants at $0.10; gross proceeds $19,054.
- Six directors purchased 190,540 shares/warrants in the offering for ~$19,054 total.
- Issued options for 5,040,000 shares to Chairman Oded Bashan at $0.001, fully vested, 10-yr term.
- Also issued options for 3,236,519 shares to Dir. Aharon Klein and 2,779,988 to Dir. Yaniv Cohen.
- Options granted outside 2020 Incentive Plan, all fully vested at issuance.