FEMY · Femasys Inc.

Summary

Femasys Inc. entered into an Omnibus Amendment and Consent Agreement on March 19, 2026, with Consenting Holders to remove the Share Combination Event Adjustment from Senior Secured Convertible Notes and Warrants effective December 31, 2025, issuing Series D-1 Warrants exercisable at $0.58 for 16,378,563 shares. Joshua Silverman resigned as director on March 17, 2026; Kenneth D. Eichenbaum was appointed on March 18, 2026.

Key takeaways

• Omnibus Amendment and Consent Agreement dated March 19, 2026, amends Notes and Warrants issued under November 3, 2025 Securities Purchase Agreement
• Removes Share Combination Event Adjustment effective December 31, 2025
• Issues 16,378,563 Series D-1 Warrants to Lenders, each equal to shares underlying holder's Series A-1 Warrant, exercisable at $0.58
• Joshua Silverman resigned as director effective March 17, 2026, not due to dispute
• Kenneth D. Eichenbaum appointed director effective March 18, 2026, pursuant to Lead Lender's nomination right
• Series D-1 Warrants issued under Section 4(a)(2) exemption to accredited investors