StockWatch
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Biotechnology: Pharmaceutical Preparations
Corporate ActionMay 18, 2026, 04:32 PM

Daré Bioscience Completes $250K Regulation A Offering Closings

AI Summary

Daré Bioscience, Inc. completed the closings of its previously announced Regulation A offering on May 14, 2026. The company issued an aggregate of 50,000 Investor Units, each priced at $5.00, resulting in total proceeds of $250,000 from these closings. Each Investor Unit consists of one share of Series A Convertible Preferred Stock and two warrants to purchase one share of common stock, leading to the issuance of 50,000 Series A Preferred shares and warrants for up to 100,000 common shares.

Key Highlights

  • Completed closings of Regulation A offering on May 14, 2026.
  • Issued 50,000 Investor Units at an offering price of $5.00 per unit.
  • Total proceeds from this closing amount to $250,000.
  • Each Investor Unit includes one Series A Convertible Preferred Stock share.
  • Each Investor Unit includes two warrants to purchase common stock.
  • Issued 50,000 shares of Series A Preferred Stock.
  • Issued Investor Warrants to purchase up to 100,000 shares of common stock.