Vivos Therapeutics raises $850,000 in PIPE deal
Vivos Therapeutics, Inc. entered a Securities Purchase Agreement with V-Co Investors 3 LLC for a private PIPE Offering.
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Rhea-AI Filing Summary
Vivos Therapeutics, Inc. entered a Securities Purchase Agreement with V-Co Investors 3 LLC for a private PIPE Offering. The company issued 1,353,625 common shares, a Pre-Funded Warrant for 429,957 shares, and Series A and B Warrants for up to 1,783,582 shares each.
V-Co 3 paid $1.34 per PIPE Share and Pre-Funded Warrant Share with associated warrants, providing $850,000 in cash and converting $1,400,000 previously funded under a bridge note into the PIPE. The Common Stock Purchase Warrants are exercisable at $1.09 per share, while the Pre-Funded Warrant has a $0.0001 exercise price.
The Series A Warrant has a two-year term and the Series B Warrant a five-year term. Warrants include stock-based anti-dilution protection and beneficial ownership limits at 19.99%. Vivos must file a resale registration statement within 45 days and seek effectiveness within 90 days, keeping it effective for up to three years. The company will pay $50,000 of V-Co 3’s counsel fees.
Insights
Vivos secures $850,000 cash and converts $1,400,000 debt via a PIPE with attached warrants, adding liquidity but increasing potential dilution.
Vivos Therapeutics completed a private investment in public equity with V-Co 3, issuing common shares plus multiple warrant series. The deal brings in $850,000 of new cash and converts $1,400,000 from a bridge note into equity-linked securities, easing near-term debt pressure.
The structure concentrates ownership with an affiliate sponsor and layers in significant warrant coverage: up to 1,783,582 shares each under Series A and B Warrants, plus 429,957 Pre-Funded Warrant shares. Exercise prices of $1.09 and $0.0001 create meaningful equity overhang, though a 19.99% beneficial ownership cap limits any single-holder stake.
The requirement to file a resale registration statement within 45 days of the March 31, 2026 closing, and keep it effective for up to three years, positions V-Co 3 to monetize its position over time. Future disclosures in company filings may clarify how much of this warrant capacity is exercised and actually adds further cash proceeds.
8-K Event Classification
Key Figures
Key Terms
Securities Purchase Agreement financial
PIPE Offering financial
Pre-Funded Warrant financial
beneficial ownership limitations financial
Section 4(a)(2) of the Securities Act regulatory
Resale Registration Statement regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What financing transaction did Vivos Therapeutics (VVOS) complete with V-Co Investors 3 LLC?
How much cash did Vivos Therapeutics (VVOS) receive from the PIPE Offering?
What securities were issued by Vivos Therapeutics (VVOS) in the PIPE Offering?
What are the exercise prices and terms of the Vivos Therapeutics (VVOS) warrants?
What are the key features of the Pre-Funded Warrant issued by Vivos Therapeutics (VVOS)?
What registration obligations did Vivos Therapeutics (VVOS) agree to in the PIPE deal?
What ownership and anti-dilution protections apply to the Vivos Therapeutics (VVOS) warrants?
AI-generated analysis. How Rhea-AI works. Not financial advice.