Pluri Inc. 8-K

What Happened

• Pluri Inc. announced on March 25, 2026 (effective March 24, 2026) that it entered a Securities Purchase Agreement with Chutzpah Holdings LP (beneficially owned by director and shareholder Alexandre Weinstein) for a private placement.
• The Offering covers 625,000 common shares and Common Warrants to purchase up to 625,000 common shares at a combined purchase price of $4.00 per share + warrant, generating gross proceeds of approximately $2.5 million. Closing is expected around the end of April 2026, subject to customary conditions.

Key Details

• Purchase: 625,000 common shares and warrants to buy 625,000 shares; combined price $4.00 per unit.
• Warrant terms: exercisable immediately at $4.25 per share; expires 18 months after closing; includes customary anti-dilution provisions and a 35% beneficial ownership limitation.
• Purchaser: Chutzpah Holdings LP, beneficially owned by Alexandre Weinstein (non-U.S. investor, current director and shareholder).
• Use of proceeds: working capital and general corporate purposes. Securities issued under exemptions (Section 4(a)(2) and/or Rule 903 of Regulation S) and are not registered for resale in the U.S.

Why It Matters

• This raises near-term cash (about $2.5M) to support operations, which can be important for funding development and day-to-day needs.
• The issuance of warrants and potential exercise could dilute existing shareholders if exercised.
• The purchaser is controlled by a company director, which investors should note as a related-party transaction disclosed in the 8-K.
• Securities are unregistered and subject to resale restrictions, which may limit liquidity of the securities received.