PetVivo Holdings, Inc. announced a private placement that it will issue 1,567,857 units to 10 accredited investors at a price of $0.70 per unit for the gross proceeds of $1,097,500 on April 9, 2024. Each unit consisting of one share of restricted common stock and one warrant to purchase one share of common stock at a price of $0.70 per unit. The Warrants are immediately exercisable, have an exercise price of $1.50 per share and are exercisable until May 7, 2027.

The offering was conducted pursuant to the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended.