secwatch.observer — SEC 8-K summary
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Issuer:     AGENUS INC (AGEN)
CIK:        0001098972
Form:       8-K
Filed at:   2022-12-02T23:59:59+00:00
Accession:  0000950170-22-025998
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Agenus extends $13M note maturity to 2025; terminates old warrants, issues new warrants at $2.84
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1098972/000095017022025998/0000950170-22-025998-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1098972/000095017022025998/agen-20221130.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-025998

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer