VRAX Virax Biolabs Group Ltd

$VRAX sold my 30k shares above 3. I know this stock is heavily shorted debating if I should buy back?

Reclaim 2.40 and hold the retest / watch 2.63–2.65 then 2.90–3.01 / lose 2.26 and watch 2.14 then 2.02 $VRAX

$VRAX ...Just out:...Prospectus Rule 434B3... of up to 1,682,360 ordinary shares, par value $0.025 per share (the “Ordinary Shares”), issuable upon exercise of (i) warrants to purchase up to 1,644,000 Ordinary Shares, consisting of Series A Ordinary Share Preferred Investment Options to purchase up to an aggregate of 548,000 Ordinary Shares (the “Series A Preferred Investment Options”) and Series B Ordinary Share Preferred Investment Options to purchase up to an aggregate of 1,096,000 Ordinary Shares (the “Series B Preferred Investment Options,” and together with the Series A Preferred Investment Options, the “New Warrants”), which were issued by us pursuant to an inducement letter agreement dated July 9, 2026 .The exercise price of the New Warrants is $ 6.00 per share. See “Use of Proceeds”. The exercise price of the Placement Agent Warrants is $7.50 per share.