INVO Fertility Raises $4 Million in Private Placement
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INVO Fertility Inc. announced a $4 million private placement with an institutional investor, issuing 2,366,864 shares of common stock and warrants for 4,733,728 shares at $1.69 per share. The warrants are exercisable upon shareholder approval and expire in five years. Maxim Group LLC is the sole placement agent. Gross proceeds are expected to be $4 million before fees and expenses.
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