other_material
confidence high
sentiment neutral
materiality 0.60
PetVivo receives $3M from partial exercise of Series B convertible preferred stock purchase option
PetVivo Holdings, Inc.
- Received $3,000,000 from partial exercise of Purchase Option; total proceeds to date $4,000,000 out of $5,000,000 offering.
- Remaining $1,000,000 expected by June 26, 2025; shares priced at $1.00 each, convertible 1:1 to common stock.
- Proceeds to fund commercialization of Spryng™ and PrecisePRP, clinical trials, and working capital.
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