secwatch.observer — SEC 8-K summary
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Issuer:     SCYNEXIS INC (SCYX)
CIK:        0001178253
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0000950170-24-122291
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SCYNEXIS enters $50M at-the-market equity facility with Cantor Fitzgerald
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- New Sales Agreement with Cantor allows sale of up to $50M of common stock at SCYNEXIS's option.
- Compensation to agent is 3% of gross sale proceeds under ATM offering.
- Prior agreements with Cantor and Ladenburg terminated; $3.8M had been sold under those.
- Offering is through effective S-3 registration statement filed Nov 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1178253/000095017024122291/0000950170-24-122291-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1178253/000095017024122291/scyx-20241106.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-122291

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