OKYO (OKYO) Prices $20M Share Offering at $1.85/share; Shares Fall

OKYO (NASDAQ:OKYO) priced a $20 million private placement at $1.85 per share on February 13, 2026. The offering includes 10,869,565 shares, with proceeds allocated to existing and new investors. The company's stock closed at $1.78 on the NASDAQ, down 3.8% from the offering price, reflecting continued pressure from clinical trial delays and evolving regulatory guidance. The transaction is expected to strengthen the company's balance sheet and provide resources for ongoing trials.