INTELLIGENT BIO SOLUTIONS INC. (INBS) Form 8-K — Sep 2, 2026
Intelligent Bio Solutions Inc. (INBS) closed a private placement on September 2, 2026, raising approximately $5.0 million gross from a single institutional investor. The company issued 2,036,659 Series M Pre-Funded Warrants in lieu of common stock at a combined price of $2.455 per unit, each packaged with Series N-1 and Series N-2 warrants. The Series N-1 and N-2 warrants cover another 4,073,318 shares at a $2.33 exercise price, and Ladenburg Thalmann received warrants on 101,833 additional shares at $3.06875, bringing total potential issuance to roughly 6.2 million shares.
Key figures
- Gross Proceeds
- 5000000
- Offering Price
- 2.455
- Shares Offered
- 2036659
- N1 call vwap threshold
- 3.495
- Warrant exercise price
- 2.33
- N1 call volume threshold
- 500000
- Pre funded warrants issued
- 2036659
- Placement agent cash fee pct
- 8.0% of gross proceeds
- Placement agent warrant shares
- 101833
- Pre funded warrant exercise price
- 0.01
- Placement agent management fee pct
- 1.0% of gross proceeds
- Resale registration filing deadline
- September 15, 2026
- Placement agent warrant exercise price
- 3.06875
- Resale registration effective deadline
- October 15, 2026
- Placement agent warrant exercise fee pct
- 9.0% of warrant exercise proceeds
- Placement agent expense reimbursement cap
- 145000
Price after filing
Close on the filing date to close N calendar days later (from $2.43). Historical, not a forecast.
AI analysis
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