Femasys (FEMY) announced that it intends to offer and sell shares of its common stock in an underwritten public offering. Femasys intends to use the net proceeds from the public offering and private placement for expansion of commercial efforts, development of its products and product candidates, general corporate purposes, capital expenditures, working capital and general and administrative expenses. Jones is acting as sole book-running manager for the public offering and placement agent for the private placement.
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