Inspira Technologies OXY B.H.N. Ltd Current Report (Foreign Issuer)
Inspira Technologies Oxy B.H.N.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Inspira Technologies Oxy B.H.N. Ltd. entered into a definitive agreement for a registered direct offering of 1,565,217 ordinary shares at $1.15 per share, expected to generate gross proceeds of $1.8 million for the company. The shares will be issued under an effective Form F-3 shelf registration, with closing expected on or about December 16, 2025, and net proceeds earmarked for working capital and general corporate purposes.
The company also signed a Standby Equity Purchase Agreement with YA II PN, Ltd., allowing it to sell up to $25 million of ordinary shares over 36 months at 97% of the market price, based on the lowest daily VWAP over a three-day period following an Advance Notice. YA cannot purchase shares that would take its ownership above 4.99%. Inspira will pay a 2% commitment fee in ordinary shares priced at $1.15 and a $25,000 structuring fee, and intends to use any SEPA proceeds for working capital and general corporate purposes.
Insights
Equity financing adds funding flexibility via a $1.8M direct sale and a $25M standby facility, with dilution driven by future share issuance.
Inspira Technologies is raising cash through a registered direct sale of 1,565,217 ordinary shares at $1.15, for expected gross proceeds of $1.8 million. This is complemented by a Standby Equity Purchase Agreement with YA II PN, Ltd. that permits sales of up to $25 million of shares over a 36‑month period at 97% of the market price, using the lowest daily VWAP over a defined three‑day window after an Advance Notice.
The structure gives the company discretion: there are no minimum draw requirements, no minimum use penalties, and the SEPA does not restrict operating activities. A 4.99% ownership cap for YA limits its stake at any one time, while fees include a 2% commitment fee paid in shares at $1.15 and a $25,000 structuring fee. Overall funding capacity and potential dilution will depend on how often, and at what share prices, the company chooses to utilize the facility.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What registered direct offering did Inspira Technologies (IINN) enter into?
Inspira Technologies entered into a definitive agreement with YA II PN, Ltd. for a registered direct offering of 1,565,217 ordinary shares at a purchase price of $1.15 per share.
How much will Inspira Technologies (IINN) raise from the registered direct offering and how will funds be used?
The registered direct offering is expected to result in gross proceeds of $1.8 million, which the company intends to use for working capital and general corporate purposes.
What are the key terms of Inspira Technologies' Standby Equity Purchase Agreement (SEPA)?
Under the SEPA with YA II PN, Ltd., Inspira can sell up to $25 million of ordinary shares over 36 months, at its sole option, with shares priced at 97% of the market price as defined in the agreement.
Is there an ownership limit for YA II PN, Ltd. under Inspira Technologies' SEPA?
Yes. YA is not permitted to purchase any shares that would result in it owning more than 4.99% of Inspira Technologies' shares.
What fees will Inspira Technologies (IINN) pay in connection with the SEPA?
The company agreed to pay a commitment fee equal to 2.00% of the $25 million commitment amount, payable in ordinary shares at $1.15 per share, and a $25,000 structuring fee, of which $15,000 has already been paid.
AI-generated analysis. How Rhea-AI works. Not financial advice.