Hyperion DeFi Inc (EYEN) News & EventsEYENNews & EventsHyperion DeFi Inc

Eyenovia announces accumulation of over 1M HYPE tokens

Eyenovia announced the closing of its previously announced $50 million private placement with accredited investors. The PIPE Financing enabled the Company to acquire 1,040,584.5 HYPE at an average price of approximately $34 per token. As part of the strategy, the Company also intends to initiate its own network validator alongside an ecosystem partner, which will support the liveness of the Hyperliquid blockchain and lay the foundation for accessing HYPE staking yield. Chardan acted as the sole placement agent in connection with the transaction. Pending Board approval in the coming days, Eyenovia is expected to change its name and ticker to "Hyperion DeFi" and "HYPD," respectively. Development of the Optejet UFD continues to progress according to the Company's projected timelines, with verification and validation activities expected to commence next month. Eyenovia remains on track to register the device with the FDA in September of this year. The Company has initiated dialogue with several potential partners for licensure of the platform, initially focused on applications in OTC lens rewetting and artificial tears.

Eyenovia appoints strategic advisor for digital asset treasury strategy

Eyenovia announced several key developments in support of its digital asset capital strategy. Avenue Capital Group, now the Company's largest common stockholder, has agreed to amend Eyenovia's senior secured debt to further support the Company as it builds its HYPE treasury and reserve of the HYPE token. Pursuant to the terms of the amendment, the maturity date of the debt has been extended from November 1, 2025 to July 1, 2028 and its interest rate reduced from 12% to 8%. One half of the interest will be paid monthly in cash with the other half accrued and paid upon maturity. The Company will make interest-only payments during the initial 18 months of the extended term with equal principal and interest payments for the remaining 18 months. To support the Company's growing presence in the digital asset space, Eyenovia is also pleased to announce the appointment of Max Fiege as Strategic Advisor to support the HYPE Treasury strategy. He will support stakeholder education, ecosystem advocacy, treasury architecture, and risk oversight. Mr. Fiege currently serves as Principal at Merenti Capital GmbH, deploying proprietary capital across liquid and early-stage digital asset opportunities.