Virax Biolabs Group Limited announced that it has entered into a definitive agreement to issue 12,500,000 ordinary shares at an issue price of $0.40 for gross proceeds of $5,000,000 and preferred investment options to purchase up to an aggregate of 12,500,000 ordinary shares for aggregate proceeds of $5,000,000 before deducting placement agent fees and other offering expenses on December 3, 2025. The preferred investment options have an exercise price of $0.40 per ordinary share and will be exercisable immediately upon issuance for a period of five years from the effective date of the initial registration statement. The private placement is expected to close on or about December 4, 2025, subject to the satisfaction of customary closing conditions.