other material
confidence high
sentiment neutral
materiality 0.30
Hepion raises $400K in private placement of 8M shares and warrants
Hepion Pharmaceuticals, Inc.
- Private placement of 8,000,000 common shares and 8,000,000 warrants at $0.05/share for gross proceeds of $400,000.
- Warrants exercisable at $0.06/share for five years from issuance date.
- Offering made under Section 4(a)(2) and Rule 506(b) of Regulation D; securities unregistered.
- Agreements include customary representations, warranties, indemnification, and closing conditions.