Femasys (NASDAQ: FEMY) director receives 102,366 Series D-1 stock warrants
Rhea-AI Filing Summary
Femasys Inc. director Kenneth D. Eichenbaum received 102,366 Series D-1 warrants as a non-cash award. These derivative securities allow him to acquire 102,366 shares of common stock at an exercise price of $0.58 per share, exercisable from March 19, 2026 until March 19, 2036. The warrants were issued in a private placement as consideration under an Omnibus Amendment and Consent Agreement and are subject to exercise limitations under Nasdaq Capital Market rules.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Series D-1 Warrants | 102,366 | $0.00 | -- |
Footnotes (1)
- Holder may, at its option, exercise the Series D-1 Warrants, subject to the terms and conditions thereof, at an initial exercise price of $0.58 per share of Common Stock. The exercise price is subject to adjustment in accordance with the terms of the Series D-1 Warrants and will be subject to standard adjustments in the event of any stock split, stock dividend, stock combination, recapitalization or other similar transactions. The Holder's ability to exercise the subject Warrant for shares of Common Stock is subject to certain limitations, in accordance with rules of the Nasdaq Capital Market. The reported securities were issued to the reporting person in a private placement as consideration in connection with that certain Omnibus Amendment and Consent Agreement, dated as of March 19, 2026 by and among the Company, the reporting person and the other parties thereto.
FAQ
What insider transaction did Femasys Inc. (FEMY) report for Kenneth D. Eichenbaum?
What are the key terms of the Series D-1 warrants reported for FEMY?
How were the Series D-1 warrants to Kenneth D. Eichenbaum issued by Femasys (FEMY)?
Are there any restrictions on exercising the FEMY Series D-1 warrants?
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