other_material
confidence high
sentiment neutral
materiality 0.40
PetVivo receives $200K from partial exercise of Series B Convertible Preferred purchase option
PetVivo Holdings, Inc.
- Received $200,000 on June 16, 2025; total $1,000,000 received under $5M Series B Preferred offering.
- Remaining $4,000,000 purchase option exercisable by investor; anticipated receipt by June 26, 2025.
- Series B Preferred shares priced at $1.00 each, convertible 1:1 into common stock.
- Securities sold to accredited investor under Section 4(a)(2) exemption; shares are restricted.
- Proceeds to fund commercialization of Spryng™ with OsteoCushion™ Technology and PrecisePRP, clinical trials, and working capital.
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