INLIF prices $3.75 million registered direct offering
INLF•INLIF entered agreements with institutional investors for a registered direct offering expected to raise approximately $3.75 million before expenses. The offering includes 435,000 Class A ordinary shares and pre-funded warrants for 1,908,750 shares, with closing expected on or about October 20, 2026.
1. Offering details
The offering comprises 435,000 Class A ordinary shares and pre-funded warrants to purchase 1,908,750 shares, each bundled with accompanying warrants. The combined purchase price is $1.60 per share package or $1.5999 per pre-funded warrant package.
2. Warrant terms
Series A warrants expire five years after closing. Series B warrants expire 60 days after issuance and are initially exercisable at $1.60 per unit. Closing is expected on or about October 20, 2026, subject to customary conditions.
