Hyperion DeFi Inc. has announced an amendment to its existing at-the-market offering program with Chardan Capital Markets, LLC, increasing the total aggregate offering price from $50 million to $100 million. The company has already offered and sold 4,176,196 shares of common stock through the program, generating approximately $29.0 million in net proceeds after commissions and expenses. The additional shares to be sold under the expanded program are covered by the company's effective registration statement on Form S-3 and the related prospectus supplement. Covington & Burling LLP has provided a legal opinion regarding the new shares to be issued.
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