other material
confidence high
sentiment neutral
materiality 0.80
Vivos converts $2.86M debt into 11.4M shares; dilution up to 52% of prior outstanding
Vivos Therapeutics, Inc.
- Twelve exchange agreements with Streeterville Capital dated Aug 31, 2026 convert $2,861,270 of note principal into up to 11,445,080 shares at avg $0.25/share.
- After exchanges, Streeterville Note balance reduced to ~$3.7M from original $8.225M (June 9, 2025).
- Pre-exchange shares 22,164,313; post-settlement 33,609,393, a ~52% increase from dilution.
- No cash proceeds; Section 3(a)(9) exemption; shares free-trading with tacked holding period to Jun 9, 2025.
- Beneficial ownership limited to 4.9%; later exchanges require sell-down of prior shares.