Venus Concept Inc. announced on June 9, 2025, the closing of its registered direct offering for the purchase and sale of 434,720 shares of common stock at a price of $2.65 per share. This offering generated approximately $1.15 million in gross proceeds for the company.
In a concurrent private placement, Venus Concept also issued unregistered short-term warrants to purchase up to 869,440 shares of common stock at an exercise price of $2.65 per share. If fully exercised on a cash basis, these warrants could provide an additional $2.3 million in gross proceeds.
The company intends to use the net proceeds from both the offering and the potential exercise of warrants for general corporate purposes. This capital infusion provides additional financial resources to support Venus Concept's ongoing operations and strategic initiatives.
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