🟢 Femasys is trading 6.77% up today after initial negative reaction to $30 million financing

Femasys is trading at $2.84, up 6.77%, as it rebounds after investors initially reacted negatively to the financing announcement.

• The $30 million private placement includes 9,374,999 shares or pre-funded warrants and warrants covering 18,749,998 additional shares, creating substantial potential dilution.
• Securities were priced at $3.20 per share, with warrants exercisable at $2.95; proceeds could reach $90 million.
• Femasys is rebounding from its $2.66 August 7 close; with broader markets mixed, financing news is the clearest catalyst.