secwatch.observer — SEC 8-K summary
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Issuer:     Eledon Pharmaceuticals, Inc. (ELDN)
CIK:        0001404281
Form:       8-K
Filed at:   2024-10-01T23:59:59+00:00
Accession:  0000950170-24-110857
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Eledon Pharmaceuticals raises ~$4M via private placement of 1.727M shares
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- Sold 1,527,400 shares on Sept 30 and 200,000 shares on Oct 1, 2024.
- Gross proceeds of approximately $4.0 million from the sale.
- Shares issued under Securities Purchase Agreement dated April 28, 2023.
- Offering exempt from registration under Section 4(a)(2) and Rule 506(b).
- Proceeds intended for general corporate purposes; no specific use disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1404281/000095017024110857/0000950170-24-110857-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1404281/000095017024110857/eldn-20240930.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-110857

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