Pluri Inc. entered into a Securities Purchase Agreement with Chutzpah Holdings LP on March 25, 2026, for a private placement offering of 625,000 common shares and warrants to purchase 625,000 common shares at a combined price of $4.00 per unit, generating expected gross proceeds of approximately $2.5 million for working capital and general corporate purposes.
Key takeaways
Pluri Inc. entered into a Securities Purchase Agreement with Chutzpah Holdings LP on March 25, 2026.
The agreement involves a private placement offering of 625,000 common shares and warrants to purchase 625,000 common shares.
The combined purchase price for each common share and warrant is $4.00, with warrants exercisable at $4.25 per share.
Gross proceeds to the company are expected to be approximately $2.5 million.
The offering is expected to close on or about the end of April 2026, subject to customary closing conditions.
The securities are exempt from registration under Section 4(a)(2) of the Securities Act and/or Rule 903 of Regulation S.