INVO Fertility signs equity purchase agreement for up to $15 million stock sales to Alumni Capital - IVF News | RalliesINVO Fertility signs equity purchase agreement for up to $15 million stock sales to Alumni Capital
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IVF• Equity purchase agreement with Alumni Capital
- Invo Fertility entered an any-market purchase agreement with Alumni Capital for up to $15 million of common stock, expandable to $50 million.
- Sales are at the company’s option, subject to an effective Form S-1 registration statement and final prospectus filing.
- Pricing is set at a discount to recent trading levels: 94% of the lowest 5-day VWAP, 97% of the prior-day low, or 85% of the lowest 5-day low.
- Proceeds are earmarked for expansion, with a focus on acquiring established, profitable fertility clinics, alongside general corporate purposes.
- Stockholders voted July 23, 2026 to permit issuances above Nasdaq’s 19.99% exchange cap under the agreement.
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