VivoSim Labs shares surge 13.29% intraday amid $4M public offering priced at $1.14 per share.

VivoSim Labs surged 13.29% intraday following the announcement of a $4 million public offering priced at $1.14 per share. The initial closing of $3 million, expected to occur during the trading session, includes the issuance of common shares, pre-funded warrants, and common warrants exercisable at a 50% premium. The offering, led by a New York-based family office and managed by Joseph Gunnar, provides critical liquidity for the cash-burning company with a market cap of just $3.72 million. The stock’s sharp intraday increase suggests investor optimism about the capital raise, which could stabilize operations and support its scientific and commercial expansion efforts.