Femasys Inc. Files Prospectus Supplement for At-the-Market Equity Offering
Femasys Inc. has filed a prospectus supplement for an at-the-market equity offering with an aggregate offering price of up to $9,800,000. This offering is conducted under an Equity Distribution Agreement with Piper Sandler & Co., acting as the Sales Agent. The shares will be sold from time to time at the Company's discretion through its Sales Agent, using methods defined as "at the market offerings" under the Securities Act of 1933. The offering is made under the Company's effective Registration Statement on Form S-3 (File No. 333-288527) and a related prospectus supplement. This filing does not constitute an offer to sell or a solicitation of an offer to buy securities, and any offer, solicitation, or sale would be unlawful in states where registration or qualification is not yet complete. The company has elected not to use the extended transition period for complying with new or revised financial accounting standards, as it is an emerging growth company.