Dror Ortho-Design Completes $275,000 Private Placement with Convertible Debentures and Warrants

On April 28, 2026, Dror Ortho-Design, Inc. entered into a Securities Purchase Agreement for a $275,000 private placement with accredited investors. The company issued 0% interest debentures due June 28, 2026, which automatically convert into common stock if the company completes a public offering before maturity. The conversion price would equal the per-share offering price in such public offering. Additionally, the company agreed to issue warrants to purchase common stock contingent upon completing a public offering. The warrants would be exercisable at the public offering price and expire five years from issuance. The private placement was conducted under Regulation D exemptions from SEC registration. The filing includes detailed terms of the debentures and warrants, including conversion limitations, beneficial ownership restrictions, and various covenants and events of default.