INVO Fertility, Inc. announced the pricing of a $4.0 million private placement under Nasdaq rules.
The private placement includes the purchase of shares of common stock and warrants.
The gross proceeds to the Company from the Offering are estimated to be approximately $4.0 million.
Private Placement Details
2,366,864 shares of common stock (or pre-funded warrants) and warrants for 4,733,728 shares priced at $1.69 per share.
Closing Date
Expected to close on December 3, 2025, subject to customary closing conditions.
Placement Agent
Maxim Group LLC is acting as the sole placement agent for the Offering.
- The private placement will provide the company with additional capital for strategic initiatives and operations.
- INVO Fertility's expansion plans in the fertility market are supported by the proceeds from the Offering.
The successful pricing of the private placement demonstrates investor confidence in INVO Fertility's growth potential and market position.