Brief: Femasys Inc. Secures Additional Financing With Strategic Investment From Investors Led By Pharmacyte Biotech

Femasys

15/11/2023 12:34

Nov 15 (Reuters) - Femasys Inc  FEMY.O :
    * FEMASYS INC. SECURES ADDITIONAL FINANCING WITH STRATEGIC
INVESTMENT FROM INVESTORS LED BY PHARMACYTE BIOTECH
    * FEMASYS INC - $6.85 MILLION UPFRONT INVESTMENT PROVIDES
$23
MILLION TOTAL CASH RUNWAY INTO SECOND HALF 2025
    * FEMASYS- STRATEGIC INVESTMENT IN CO IS IN FORM OF $6.85
MILLION
AMOUNT OF A SENIOR UNSECURED CONVERTIBLE NOTE WHICH MATURES
NOVEMBER 2025

Source text for Eikon:  ID:nGNX8Nczq3 
Further company coverage:  FEMY.O 

 ((Reuters.Briefs@thomsonreuters.com))