04:26 AM EDT, 08/26/2025 (MT Newswires) -- Femasys ( FEMY ) said late Monday it has priced its offering of shares and warrants, expecting about $8 million in gross proceeds.

The offering comprises more than 10.4 million shares or, in lieu thereof, pre-funded warrants to purchase up to about 11.8 million shares, together with accompanying common warrants to purchase up to an aggregate of about 22.2 million shares.

The combined public offering price for each share and accompanying warrant is $0.36, and for each pre-funded warrant and accompanying common warrant is $0.3599.

Each accompanying common warrant will have an exercise price of $0.36. Each of the accompanying warrants will be immediately exercisable from the date of issuance and will expire five years from the date of issuance.

Femasys ( FEMY ) intends to use the net proceeds for the expansion of commercial efforts, development of its products, and general corporate purposes.

The company is selling all of the securities in the offering, which is expected to close on or about Aug. 27.

Shares of the company fell more than 42% in recent premarket activity Tuesday.

Price: 0.29, Change: -0.22, Percent Change: -42.50