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VolitionRx issues shares for note conversions, updates outstanding share count

VolitionRx issues shares for note conversions, updates outstanding share count

VolitionRx Limited issued shares to satisfy convertible promissory note conversions, as reported in a Securities and Exchange Commission filing. The company issued 706,214 shares to Lind Global Asset Management XII LLC on September 2 to meet a $250,000 note conversion obligation. An additional 707,236 shares were issued on September 10 to the same entity to satisfy a $215,000 conversion obligation.

These transactions were conducted under exemptions provided by the Securities Act of 1933 and/or Regulation D, without commissions, public offerings, or general solicitation. VolitionRx currently has 27,903,326 shares of common stock issued and outstanding, with the stock trading near its 52-week low at $0.29. Despite financial challenges, including a wider-than-expected loss and lower-than-forecast revenue in Q2 2026, the company highlighted reductions in operating expenses and advancements in partnerships and scientific research.

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