Tivic Health Systems (TIVC) Prices 51.25M Share Offering at $0.04/sh
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Tivic Health Announces Pricing of $2.1 Million Public Offering of Common Stock
July 17, 2023 8:30 AM EDTSAN FRANCISCO--(BUSINESS WIRE)-- Tivic Health® Systems, Inc. (Tivic, Company, Nasdaq: TIVC), a health tech company that develops and commercializes bioelectronic medicine, today announced the pricing of its previously announced public offering of 51,250,000 shares of its common stock at a public offering price of $0.04 per share. Gross proceeds from the offering are expected to be approximately $2.1 million before deducting placement agent fees and estimated offering expenses. Tivic intends to use the net proceeds of the offering for working capital and general corporate purposes.
Maxim Group LLC is acting as the sole placement agent,... More
