On June 30, 2025, Femasys Inc. entered into an Any Market Purchase Agreement with Alumni Capital LP, allowing the sale of up to $10 million worth of Femasys' common stock. The company can initiate purchases up to $1 million, or $5 million upon mutual agreement, at 90% of the lowest traded price over the previous four business days or up to $1 million or 100% of the average daily trading volume over two days. The commitment fee for this agreement is 2% of the investment amount, expected to be paid in cash.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Femasys Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-024878), on July 03, 2025, and is solely responsible for the information contained therein.