{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-22-025998","form_type":"8-K","ticker":"AGEN","cik":"0001098972","company_name":"AGENUS INC","filed_at":"2022-12-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.601306+00:00","generated_at":"2026-06-21T10:03:11.820007+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Agenus extends $13M note maturity to 2025; terminates old warrants, issues new warrants at $2.84","bullets":["Extended maturity of $13M senior subordinated notes from Feb 2023 to Feb 2025.","Terminated warrants for 1.95M shares (1.3M from 2015, 650k from 2020).","Issued new warrants for 1.95M shares, expiring 2026 and 2028, exercise price $2.84 (15% premium to 30-day avg).","New warrants issued as unregistered securities under Section 4(2) of Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-22-025998","json":"https://secwatch.observer/filing/0000950170-22-025998.json","markdown":"https://secwatch.observer/filing/0000950170-22-025998.md","text":"https://secwatch.observer/filing/0000950170-22-025998.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1098972/000095017022025998/0000950170-22-025998-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1098972/000095017022025998/agen-20221130.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T10:03:11.820007+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a3d35e12aa02e87b3695ccfdc552ad5a5568886b","claim":"AGENUS INC amended senior notes of $13.0 million with existing noteholders maturing February 20, 2025.","evidence_excerpt":"On November 30, 2022, Agenus Inc. (the “Company”) entered into an Amendment to Notes, Termination of Warrants and Sale of New Warrants (the “Amendment”) with existing noteholders, pursuant to which the Company: • extended the maturity date of the $13.0 million senior subordinated promissory notes previously issued by the Company to such noteholders in 2015 (the “2015 Notes”) by two years from February 20, 2023 to February 20, 2025;","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1098972/000095017022025998/0000950170-22-025998-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$13.0 million"},{"label":"Counterparty","value":"existing noteholders"},{"label":"Maturity","value":"February 20, 2025"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"843f1d58e32caf93575fea77b62c308b8b840c74","claim":"AGENUS INC amended Amendment to Notes, Termination of Warrants and Sale of New Warrants with existing noteholders valued at $13.0 million (effective 2022-11-30).","evidence_excerpt":"On November 30, 2022, Agenus Inc. (the “Company”) entered into an Amendment to Notes, Termination of Warrants and Sale of New Warrants (the “Amendment”) with existing noteholders, pursuant to which the Company: • extended the maturity date of the $13.0 million senior subordinated promissory notes previously issued by the Company to such noteholders in 2015 (the “2015 Notes”) by two years from February 20, 2023 to February 20, 2025; • terminated the warrants held by such noteholders to purchase 1,300,000 shares of the Company’s common stock previously issued in 2015; • terminated the warrants held by such noteholders to purchase 650,000 shares of the Company’s common stock previously issued in 2020; and • issued to such noteholders new warrants to purchase 1,300,000 shares of the Company’s common stock that will expire February 20, 2026 and issued new warrants to purchase 650,000 shares of the Company’s common stock that will expire February 20, 2028, all such warrants having an exercis","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1098972/000095017022025998/0000950170-22-025998-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"existing noteholders"},{"label":"Value","value":"$13.0 million"},{"label":"Effective","value":"2022-11-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}