Dec. 12 at 9:41 PM
$GRI The offering is closed as planned
• Company raised approx
$6.7M net
• Fully funded into Q4 2026
• No toxic financing, no variable-rate deals allowed for 12 months
• 60-day lockout on new issuances → no immediate dilution
• Majority of the raise is pre-funded warrants, which cannot be borrowed → shorts are in trouble
• Borrow fee is over 360% 🤯
Honestly, this is one of the cleanest microcap offerings in a long time.
GRI now has runway, zero toxic overhang, and clinical data already showing meaningful signals.