On May 29, 2025, Femasys Inc. entered into an underwriting agreement with JonesTrading Institutional Services LLC for a public offering of 3,600,000 shares at $0.85 per share, with an option for an additional 540,000 shares. Concurrently, Femasys also engaged in a private placement with certain existing institutional stockholders and its directors and officers, selling 1,588,235 shares at $0.85 each to the institutional investors and 98,040 shares at $1.02 each to the directors and officers.
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