IPO - Tivic Health Systems, Inc.

Form Type: S-1

Filing Date: 2025-05-09

Corporate Action: Ipo

Type: New

Accession Number: 000168316825003353

Filing Summary: Tivic Health Systems, Inc. filed a Form S-1 registration statement with the SEC to register the offer and resale of up to 292,523 shares of its common stock, primarily by Mast Hill Fund, L.P. This registration satisfies certain registration rights granted to Mast Hill in connection with an Equity Purchase Agreement signed on March 18, 2025. The issued shares consist of 262,723 shares that may be sold to Mast Hill and 29,800 shares issued as commitment shares. The prospectus indicates that the company will not receive proceeds from the sale of shares by the Selling Stockholder, but it may receive up to $25 million from the issuance of shares under the Purchase Agreement when the registration is effective. Tivic Health's common stock trades on the Nasdaq Capital Market under the symbol 'TIVC,' with the last reported sale price at $4.30 per share as of May 7, 2025. The company is identified as an 'emerging growth company' and 'smaller reporting company' under federal securities laws and has opted for reduced reporting requirements. The document outlines potential risks involved in the offering and provides an overview of company operations, including its FDA-approved device, ClearUP, and ongoing clinical developments in bioelectronic therapies and immunotherapeutics. The filing follows two recent reverse stock splits aimed at maintaining listing requirements.

Form Type: DRS

Filing Date: 2025-05-02

Corporate Action: Ipo

Type: New

Accession Number: 000168316825003085

Filing Summary: On May 2, 2025, Tivic Health Systems, Inc. filed a draft registration statement for the offer and resale of 292,523 shares of common stock under the Securities Act of 1933. This document applies to the selling stockholder, Mast Hill Fund, L.P., who may resell these shares in the market. The transaction is tied to an Equity Purchase Agreement dated March 18, 2025, under which Tivic may issue up to 262,723 shares to Mast Hill and also includes 29,800 commitment shares. The company is not selling any shares and will not receive proceeds from the resale, although it could gather up to $25 million from sales to Mast Hill, once the registration statement is effective. The common stock is trading on the Nasdaq under the symbol 'TIVC', with a last reported price of $4.61 per share as of April 29, 2025. The company describes itself as an emerging growth and smaller reporting company, which enables it to comply with reduced reporting requirements.