Financing ·
Cyabra, Inc. closed an offering of 1,175,090 shares of common stock, pre-funded warrants, and various warrants…
CYABCyabra, Inc.
Cyabra, Inc. closed an offering of 1,175,090 shares of common stock, pre-funded warrants, and various warrants, raising approximately $6 million in gross proceeds. The company also entered into an exchange agreement with Alpha Capital Anstalt to exchange $10,660,000 in Series C Preferred Stock for common stock and warrants. Additionally, the company amended the terms of its Series A and Series B preferred stock to reduce the conversion price to $0.435 per share. Cyabra, Inc. is a technology company providing social media intelligence and brand protection services.