May. 29 at 3:51 PM
$NDRA Dilution
ENDRA raised approximately
$3.8 million in a May 27, 2026 private placement of stock, prefunded warrants, and common warrants, with proceeds earmarked for working capital and corporate purposes under specific exercisability and ownership limits.
A concurrent side letter imposes cash segregation, grants the investor a board observer, and ties repayment to strategic alternatives, supporting ENDRA’s effort to regain and maintain Nasdaq equity compliance after falling below listing requirements in April 2026.