INVO Fertility sets C-2 conversion price at $0.6285 after $500K
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
INVO Fertility reported an unregistered equity financing. On October 16, 2025, an institutional holder exercised its Additional Investment Right to purchase 500 shares of Series C-2 Convertible Preferred with an aggregate stated value of $500,000, for $500,000 in cash.
Following the exercise, the conversion price on the C-2 Preferred adjusted to $0.6285 per share. The preferred shares, and any common stock issuable upon conversion, were sold and will be issued without registration under the Securities Act in reliance on Section 4(a)(2) and/or Rule 506 as transactions not involving a public offering.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 1.01, 3.02
2 items
Item 1.01
Entry into a Material Definitive Agreement
Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 3.02
Unregistered Sales of Equity Securities
Securities
The company sold equity securities in a private placement or other unregistered transaction.
FAQ
What did INVO Fertility (IVF) announce in this 8-K?
An institutional holder exercised an Additional Investment Right to acquire 500 shares of Series C-2 Convertible Preferred for $500,000 in cash.
How much cash did INVO Fertility (IVF) receive?
The company received $500,000 in cash from the preferred share purchase.
What is the new conversion price on the Series C-2 Preferred for INVO (IVF)?
The C-2 Preferred conversion price adjusted to $0.6285 per share.
Were the securities registered with the SEC?
No. The preferred shares and any common stock issuable upon conversion were offered in reliance on Section 4(a)(2) and/or Rule 506.
What class of security was issued by INVO Fertility (IVF)?
INVO issued Series C-2 Convertible Preferred Stock.
Who exercised the right to invest in INVO (IVF)?
An institutional investor and existing holder of the Series C-2 Convertible Preferred exercised the Additional Investment Right.