Aspira Women’s Health Inc (NASDAQ:AWH) shares are trading higher by 35.6% to 26 cents during Tuesday’s session after the company secured $1.37 million through a private placement of Senior Secured Convertible Promissory Notes due March 6, 2030.

What To Know: The notes, issued to existing and new accredited investors, accrue quarterly interest at 3.34% and can be converted into units of common stock and warrants at 25 cents per unit. The warrants, exercisable at 50 cents per share for five years, can be activated at 25 cents per share within 6 to 24 months post-issuance.

Aspira may also convert the notes if total gross proceeds from note and stock sales exceed $4 million. Proceeds will fund commercial activities and general operations.

CEO Mike Buhle highlighted the investment as a strong vote of confidence, emphasizing investors’ recognition of Aspira's growth potential and strategic initiatives for 2025.

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How To Buy AWH Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Aspira Womens Health’s case, it is in the Health Care sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, AWH has a 52-week high of $3.92 and a 52-week low of $0.14.