secwatch.observer — SEC 8-K summary
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Issuer:     GERON CORP (GERN)
CIK:        0000886744
Form:       8-K
Filed at:   2024-03-20T23:59:59+00:00
Accession:  0000950170-24-033921
Event type: other
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Geron raises ~$150M in public offering of common stock and pre-funded warrants
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- Offering of 42M shares at $3.00 and pre-funded warrants for 8M shares at $0.001 exercise price.
- Each pre-funded warrant priced at $2.999; gross proceeds to Geron ~$150M before expenses.
- Underwriters: Cowen and Company, LLC and Stifel, Nicolaus & Company; closing expected March 21, 2024.
- Pre-funded warrants exercisable immediately, subject to 9.99% ownership cap (adjustable to 19.99%).
- Offering made under existing shelf registration; representations and warranties standard for such deals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886744/000095017024033921/0000950170-24-033921-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886744/000095017024033921/gern-20240319.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-033921

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