---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-030496"
form_type: "8-K"
ticker: "RNLXY"
cik: "0001811115"
company_name: "Renalytix plc"
filed_at: "2024-03-13T23:59:59+00:00"
generated_at: "2026-06-04T22:28:22.776121+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Renalytix raises ~$12M via two-tranche equity placing at £0.20/share

## Summary
- First tranche of 19,986,031 shares closes March 14, 2024, raising ~$5M gross.
- Second tranche (26,815,841 shares) conditional on shareholder approval, raising ~$7M.
- Net proceeds extend cash runway into Q4 2024 from current runway ending April 2024.
- Related parties Christopher Mills and Mount Sinai subscribed for 4M and 9.36M shares respectively.

## SEC filing metadata
- accession: 0000950170-24-030496
- form_type: 8-K
- ticker: RNLXY
- cik: 0001811115
- company_name: Renalytix plc
- filed_at: 2024-03-13T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811115/000095017024030496/0000950170-24-030496-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811115/000095017024030496/rnlx-20240312.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-030496
- JSON: https://secwatch.observer/filing/0000950170-24-030496.json
- Plain text: https://secwatch.observer/filing/0000950170-24-030496.txt

## Key facts
- Material Agreements
  Renalytix plc entered into Placing Agreement with Stifel Nicolaus Europe Limited valued at up to an aggregate of 46,801,872 ordinary shares (effective 2024-03-12).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Stifel Nicolaus Europe Limited
  - Value: up to an aggregate of 46,801,872 ordinary shares
  - Effective: 2024-03-12
  source text: On March 12, 2024, Renalytix plc (the “ Company ”) entered into a Placing Agreement (the “ Placing Agreement ”) with Stifel Nicolaus Europe Limited (the “ Bookrunner ” or “ Stifel ”), pursuant to which the Company agreed to allot and issue new ordinary shares, nominal value £0.0025 per ordinary share (the “ Placing Shares ”) to certain investors (the “ Placees ”) in an unregistered offering (the “ Private Placement ”), up to an aggregate of 46,801,872 ordinary shares.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1811115/000095017024030496/0000950170-24-030496-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.