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INVO Fertility, Inc. logo
IVF$1.84+0.55%

INVO Fertility, Inc.

Sector: Surgical & Medical Instruments & ApparatusIndustry: Medical - DevicesCountry: USExchange: Nasdaq

Mkt Cap$2.12M
Float & O/S
Inst Own

DilutionScan read 36 of INVO Fertility, Inc.'s SEC filings and found 12 warrant series, 6 convertibles, 1 equity line, 1 shelf registration, 5 S-1 registrations and 3 completed offerings on file for IVF. The latest dilution event on file is a registration statement on Aug 4, 2026. Analysis updated Nov 1, 2026.

Signal8 Summary

IVF

Going-concern warning, triple reverse splits

Business
WeakNet loss $23.3M on $6.8M revenue, going-concern language
Stock risk
High3 reverse splits in 12 months, 89.7% dilution registered

Snapshot

INVO is a tiny fertility-clinic operator with FY 2025 revenue of $6.8M, up modestly, but a net loss of $23.3M that dwarfs the entire top line.

What's Happening Right Now

  • : INVO completed a 1-for-4 reverse stock split effective Oct 30, 2026, its third such split in the last 12 months, leaving roughly 1.19 million shares outstanding.
  • : INVO's Wisconsin Fertility Institute presented five posters on platelet-rich plasma treatment outcomes at the 2026 Midwest Reproductive Symposium International.
  • : INVO reported Q2 2026 revenue up 17% to $2.18 million and a $0.9 million net profit (driven by a non-cash acquisition gain), with the clinic platform itself profitable on an adjusted basis before corporate overhead.
  • : INVO's Q2 2026 10-Q disclosed explicit going-concern language, with cash of $3.73 million against about $3.0 million of first-half operating cash burn and reliance on further debt or equity raises.
  • : INVO filed a prospectus registering up to 20 million shares for resale by Alumni Capital under a purchase agreement that could bring in up to $15 million (expandable to $50 million), with the registered shares representing about 89.7% of shares outstanding and purchases priced at discounts of 85-97% to market.

Raise routes on file: effective shelf + effective S-1 + active equity line · latest dilution event 91 days ago

Overall Risk
Offering Ability
Overhead Supply
Historical
Cash Need

AI dilution summary

The dominant contractual driver and its mechanism, then each further driver ranked.

Latest dilution event

Aug 4, 2026 · Registration

How we read filings

Every warrant, convertible, ATM and shelf, cited to the filing

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Share count and cash history

Shares outstanding, potential dilution and cash over time

S-1 · 5

What is this?

Size, shares registered and dates with Pro

S-1 · resale registration

Issued 2026

Effective

Proposed maximum

Shares registered

Filed
Effective
Filing link and full terms

S-1 · resale registration

Issued 2026

Effective

Proposed maximum

Shares registered

Filed
Effective
Filing link and full terms

S-1 · resale registration

Issued 2025

Effective

Proposed maximum

Shares registered

Filed
Effective
Filing link and full terms

S-1 · resale registration

Issued 2025

Effective

Proposed maximum

Shares registered

Filed
Effective
Filing link and full terms

S-1 · primary offering

Issued 2024

Completed

Proposed maximum

Shares registered

Filed
Effective
Filing link and full terms

Warrants · 12

What is this?

Exercise price, shares and dates with Pro

Warrant

Issued 2026

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

Warrant

Issued 2026

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

Warrant

Issued 2025

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

Warrant

Issued 2025

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

Warrant

Issued 2025

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

Jan 2025 Offering Warrants

Issued 2025

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

Convertibles · 6

What is this?

Principal, conversion terms and dates with Pro

Convertible

Outstanding

Principal

Conversion Price

Remaining principal
Shares on conversion
Interest rate
Maturity
Filing link and full terms

Convertible

Repaid

Principal

Conversion Price

Remaining principal
Shares on conversion
Interest rate
Maturity
Filing link and full terms

Convertible

Converted

Principal

Conversion Price

Remaining principal
Shares on conversion
Interest rate
Maturity
Filing link and full terms

Series D Non-Voting Convertible Preferred Stock

Outstanding

Principal

Conversion Price

Remaining principal
Shares on conversion
Interest rate
Maturity
Filing link and full terms

Series C-2 Non-Voting Convertible Preferred Stock

Converted

Principal

Conversion Price

Remaining principal
Shares on conversion
Interest rate
Maturity
Filing link and full terms

Series C-1 Convertible Preferred Stock

Redeemed

Principal

Conversion Price

Remaining principal
Shares on conversion
Interest rate
Maturity
Filing link and full terms

Equity line · 1

What is this?

Commitment, pricing and sold to date with Pro

Equity line

Issued 2026

Active

Commitment

Sold to date

Remaining
Agreement date
Term ends
Discount
Filing link and full terms

Shelf · 1

What is this?

Capacity, dates and baby-shelf status with Pro

S-3 shelf registration

Issued 2024

Active

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

Offerings · 3

What is this?

Proceeds, price, shares and agent with Pro

PIPE

Issued 2025

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

Offering

Issued 2026

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

Offering

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

Know who's about to sell into your IVF trade

Exercise prices, conversion terms, shelf headroom and the filing sentence behind every number.

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