FEMASYS INC (FEMY) Form 8-K — Aug 11, 2026
Femasys Inc. closed a private placement on August 10, 2026, raising approximately $30.0 million in gross proceeds by selling 5,013,559 common shares and pre-funded warrants for 4,361,440 shares at $3.20 per share to accredited investors. Each unit came with two three-year warrants exercisable at $2.95: 9,374,999 immediately exercisable Common Warrants and 9,374,999 Milestone Warrants that unlock only if the company posts at least $1.5 million of U.S. revenue in any fiscal quarter and its stock holds a VWAP at or above 130% of the exercise price for 20 of 30 consecutive trading days.
Key figures
- Gross Proceeds
- approximately $30.0 million before deducting estimated offering expenses
- Offering Price
- $3.20 per common share; $3.1999 per pre-funded warrant
- Shares Offered
- 5,013,559 common shares plus pre-funded warrants for 4,361,440 shares (9,374,999 total upfront)
- Warrant term
- 3 years
- Common warrant shares
- 9374999
- Revenue milestone usd
- 1500000
- Warrant exercise price
- $2.95
- Insider purchase amount
- approximately $134,000 by five executives
- Milestone vwap condition
- VWAP at or above 130% of exercise price for 20 of 30 consecutive trading days
- Milestone warrant shares
- 9374999
- Lead investor board designees
- up to 2
- Registration statement deadline
- within 30 days of the August 10, 2026 closing
- Pre funded warrant exercise price
- $0.0001
- Atm equity line anti dilution carveout
- $10,000,000 per calendar year
Price after filing
Close on the filing date to close N calendar days later (from $2.35). Historical, not a forecast.
AI analysis
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