Financing ·
On August 19, 2026, Dror Ortho-Design, Inc. entered into a Securities Purchase Agreement to sell $275,000 in aggregate…
DRORDror Ortho-Design, Inc.
On August 19, 2026, Dror Ortho-Design, Inc. entered into a Securities Purchase Agreement to sell $275,000 in aggregate principal amount of debentures due October 19, 2026, via private placement. The zero-interest-bearing debentures automatically convert into common stock upon the consummation of a future public offering at the offering's per-share price. Additionally, the company issued warrants to purchase shares equal to 150% of the resulting conversion shares or 100% of public offering warrants, depending on timing. This transaction represents a significant new financing event for the entity.