Femasys Inc美股招股说明书(2025-05-29版)

424B51ny20047696x1_424b5.htm424B5 TABLEOFCONTENTS Theinformationinthisprospectussupplementisnotcompleteandmaybechanged.Thisprospectussupplementisnotanoffertosellthesesecurities,anditisnotsolicitingofferstobuythesesecurities,inanystatewheretheofferorsaleofthesesecuritiesisnotpermitted. FiledPursuanttoRule424(b)(5)RegistrationNo.333-266001 SUBJECTTOCOMPLETION,DATEDMAY29,2025PRELIMINARYPROSPECTUSSUPPLEMENT (ToProspectusdatedJuly12,2022) FEMASYSINC. SHARESOFCOMMONSTOCK Weareofferingsharesofourcommonstock,parvalue$0.001pershare(“commonstock”).Thepurchasepriceforeachshareis$. OurcommonstockislistedontheNasdaqCapitalMarketunderthesymbol“FEMY.”OnMay28,2025,thelastreportedsalepriceofthecommonstockontheNasdaqCapitalMarketwas$1.06pershare. PerShare Total Publicofferingprice $ $ Underwritingdiscountsandcommissions(1) $ $ Proceedstous,beforeexpenses $ $ (1)Wehaveagreedtopaytheunderwriteracommissionequalto7.0%oftheaggregategrossproceedsfromthesaleofthesecuritiesinthisoffering.See“Underwriting”foradditionaldisclosureregardingunderwritingcompensationandestimatedofferingexpenses. Weintendtogranttheunderwriteranoptionforaperiodofupto30daysfromthedateofthisprospectussupplementtopurchaseuptoanadditionalsharesofourcommonstockatthepublicofferingprice,lesstheunderwritingdiscountsandcommissions. Theaggregatemarketvalueofouroutstandingcommonstockheldbynon-affiliatesisapproximately$33.0million,whichwascalculatedbasedon25,551,370sharesofoutstandingcommonstockthatwereheldbynon-affiliatesasofMay29,2025andapricepershareof$1.29,theclosingpriceofourcommonstockonApril2,2025.PursuanttoGeneralInstructionI.B.6.ofFormS-3,innoeventwillwesellsecuritiespursuanttotheregistrationstatementofwhichthisprospectussupplementformsapartwithavaluemorethanone-thirdoftheaggregatemarketvalueofourcommonstockheldbynon-affiliatesinany12-monthperiod,solongastheaggregatemarketvalueofourcommonstockheldbynon-affiliatesislessthan$75.0million.Duringtheprior12-calendar-monthperiodthatendson,andincludes,thedateofthisprospectussupplement,wehavesold$6,499,901ofsecuritiespursuanttoGeneralInstructionI.B.6.ofFormS-3. Certainexistinginstitutionalstockholdersandcertainofourdirectorsandofficers(collectively,the“PrivatePlacementPurchasers”),allofwhichqualifyasqualifiedinstitutionalbuyersoraccreditedinvestors,haveindicatedaninteresttopurchasesharesofourcommonstockinaconcurrentprivateplacement(the“ConcurrentPrivatePlacement”)exemptfromtheregistrationrequirementoftheSecuritiesActof1933,asamended,atapersharepriceequaltotheofferingpriceinthispublicoffering.TheclosingofthisofferingisnotcontingentontheConcurrentPrivatePlacement,andtheclosingoftheConcurrentPrivatePlacementisnotcontingentonthisoffering.TheConcurrentPrivatePlacementisexpectedtocloseconcurrentlywiththisoffering.BecausewehavenotyetenteredintobindingagreementswithsuchPrivatePlacementInvestors,wecoulddeterminetosellmore,fewerornosharestoeachofthePrivatePlacementPurchasers,andanyofsuchPrivatePlacementInvestorscoulddeterminetopurchasemore,fewerornosharesintheConcurrentPrivatePlacement.TheunderwriterisactingasplacementagentinconnectionwiththeConcurrentPrivatePlacementandwillreceiveaplacementagentfeeequalto7.0%of thetotalpurchasepriceoftheprivateplacementshares;provided,however,thatsuchfeeshallbereducedto2.0%upto$1.0millionforcertaininvestors. Investinginourcommonstockinvolvessignificantrisks.See“RiskFactors”onpage7ofthisprospectussupplementandinthedocumentsincorporatedbyreferenceintothisprospectussupplementandtheaccompanyingprospectusbeforemakingyourinvestmentdecision. NeithertheSecuritiesandExchangeCommissionnoranystatesecuritiescommissionhasapprovedordisapprovedofthesesecuritiesorpassedupontheadequacyoraccuracyofthisprospectussupplementortheaccompanyingprospectus.Anyrepresentationtothecontraryisacriminaloffense. Theunderwriterexpectstodeliverthesharesofcommonstocktotheinvestorsonorabout,2025. SoleBookrunner Jones ThedateofthisprospectussupplementisMay29,2025. TABLEOFCONTENTS ProspectusSupplement CAUTIONARYNOTICEREGARDINGFORWARD-LOOKINGSTATEMENTS S-ii ABOUTTHISPROSPECTUSSUPPLEMENT S-iv PROSPECTUSSUPPLEMENTSUMMARY S-1 THEOFFERING S-4 RISKFACTORS S-7 CAPITALIZATION S-12 DILUTION S-13 DIVIDENDPOLICY S-15 USEOFPROCEEDS S-16 UNDERWRITING S-17 LEGALMATTERS S-25 EXPERTS S-25 WHEREYOUCANFINDMOREINFORMATION S-25 INCORPORATIONOFCERTAININFORMATIONBYREFERENCE S-26 Prospectus TABLEOFCONTENTS ABOUTTHISPROSPECTUS ii Page SUMMARY1 RISKFACTORS 5 USEOFPROCEEDS 8 SPECIALNOTEREGARDINGFORWARD-LOOKINGSTATEMENTS6 DESCRIPTIONOFDEBTSECURITIES 12 DESCRIPTIONOFCAPITALSTOCK9 DESCRIPTIONOFRIGHTS 21 DESCRIPTIONOFWARRANTS19 PLANOFDISTRIBUTION 24 DESCRIPTIONOFUNITS23 EXPERTS 27 LEGALMATTERS27 INCORPORATIONOFCERTAININFORMATIONBYREFERENCE 27 WHEREYOUCANFINDMOREINFORMATION27 S-i CAUTIONARYNOTEREGARDINGFORWARD-LOOKINGSTATEMENTS Thisprospectussupplement,theaccompanyingprospectusandthedocumentswehavefiledwiththeSecuritiesandExchangeCommission,orSEC,thatareincorporatedbyreferencehereinandthereincontainforward-lookingstatementswithinthemea