PetVivo Holdings, Inc. entered into a subscription agreement with 3 accredited investors for a private placement of 3,025,000 units at a price of CAD 0.40 per unit for gross proceeds of $1,210,000 on July 16, 2024. Each unit consisting of one series A convertible preferred stock and one common stock purchase warrant to purchase one share. The warrants are immediately exercisable, have an exercise price of $0.90 per share, and are exercisable through and including the third anniversary of the date of issuance.

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