Aug. 17 at 5:51 PM
$WATR of March 31, 2026, the Company received a total of
$83.5 million in committed proceeds from PIPE Investors in the PIPE Investment, consisting of (i)
$4.0 million from the Pre-Signing PIPE Investment, (ii)
$33.5 million from the Pre-Funded PIPE Investment and (iii)
$46.0 million from the Closing PIPE Investment.