INVO Fertility induces exercise of $8.40 warrants at $1.61, receives ~$750k gross proceeds

INVO Fertility, Inc.

Holder exercised 465,840 existing warrants at reduced exercise price of $1.61 per share.
Company issued new unregistered warrants for 698,760 shares at $1.61, exercisable post-Nasdaq stockholder approval.
Gross proceeds ~$750k; original warrants had $8.40 exercise price.
Company must hold stockholder meeting within 90 days to approve new warrant issuance.
30-day trading restriction on further issuances and one-year ban on variable rate transactions.

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