StockWatch
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Surgical & Medical Instruments & Apparatus
InvestmentApr 17, 2026, 04:07 PM

PetVivo Launches $2.5M Private Offering at $0.80 Per Unit

AI Summary

PetVivo Holdings, Inc. is conducting a private offering to raise $2,500,000 by selling Units at $0.80 each. Each Unit comprises one share of common stock and one common stock purchase warrant, with warrants exercisable at $1.10 for three years. The offering targets accredited investors, and proceeds are intended for commercialization of Spryng", new product development, clinical trials, and general corporate purposes.

Key Highlights

  • PetVivo is offering $2,500,000 in Units.
  • Each Unit is priced at $0.80.
  • Each Unit includes one common stock share and one purchase warrant.
  • Warrants allow purchase of one share at $1.10 for three years.
  • Proceeds will fund commercialization, new product development, and working capital.