other material
confidence high
sentiment neutral
materiality 0.60
Zeo ScientifiX completes $500,000 private placement of 250,000 shares and warrants to accredited investor
Zeo ScientifiX, Inc.
- Closed private financing of $500,000 with a single accredited investor on July 8, 2024.
- Issued 250,000 shares of common stock and warrants to purchase up to 83,333 additional shares.
- Warrants have an exercise price of $2.00 per share and a ten-year term, exercisable on a cashless basis.
- Granted piggy-back registration rights for the shares and warrant shares; also entered a supply agreement and a non-binding term sheet for clinical trial subsidiary investment.