StockWatch
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Biotechnology: Biological Products (No Diagnostic Substances)
Equity OfferingApr 4, 2026, 07:44 AM

VivoSim Labs Prices Public Offering of Common Stock and Warrants for Gross Proceeds up to $4 Million

AI Summary

VivoSim Labs announced the pricing of a best efforts public offering of up to 3,508,772 shares of common stock and accompanying warrants. The offering is comprised of two tranches, with the initial tranche closing on April 1, 2026, and is expected to generate gross proceeds of up to $4 million, which will provide the company with additional capital.

Key Highlights

  • Priced a best efforts public offering of up to 3,508,772 shares of common stock or pre-funded warrants.
  • Each share/warrant is sold with 1.5 common warrants to purchase one share of common stock.
  • Initial Tranche closed on April 1, 2026, issuing 286,557 shares and 2,345,022 pre-funded warrants.
  • Combined public offering price of $1.14 per share and $1.139 per pre-funded warrant.
  • Each Common Warrant issued in the Initial Tranche has an exercise price of $1.71 per share of Common Stock.