---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-046769"
form_type: "8-K"
ticker: "SRZN"
cik: "0001824893"
company_name: "Surrozen, Inc./DE"
filed_at: "2025-03-28T23:59:59+00:00"
generated_at: "2026-05-24T03:14:25.877239+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Surrozen raises ~$76.4M in first tranche private placement; appoints Tim Kutzkey to Board

## Summary
- First tranche closed March 26, 2025; gross proceeds ~$76.4M from 6,586,415 Units at $11.60 each.
- Each Unit includes one share (or pre-funded warrant) and one-half Series E Common Warrant ($11.54 exercise, 5-year term).
- Second tranche of up to 8,499,821 Units (~$98.6M) conditioned on FDA IND clearance for SZN-8141 by Oct 31, 2026.
- Series C and D warrants cancelled; Series A and B exercise prices reduced to $11.54 (management: $12.45).
- Dr. Tim Kutzkey (The Column Group) appointed as Class I director; initial option grant for 2,666 shares at $10.66.

## SEC filing metadata
- accession: 0000950170-25-046769
- form_type: 8-K
- ticker: SRZN
- cik: 0001824893
- company_name: Surrozen, Inc./DE
- filed_at: 2025-03-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1824893/000095017025046769/0000950170-25-046769-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1824893/000095017025046769/srzn-20250324.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-046769
- JSON: https://secwatch.observer/filing/0000950170-25-046769.json
- Plain text: https://secwatch.observer/filing/0000950170-25-046769.txt

## Key facts
- Executive change
  Tim Kutzkey was appointed as Class I Director at Surrozen, Inc./DE.
  - Action: appointed
  - Role: Class I Director
  source text: Upon the recommendation of the Nominating and Corporate Governance Committee, on March 26, 2025, Tim Kutzkey, Ph.D., was appointed to serve as a Class I director of the Company’s Board of Directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1824893/000095017025046769/0000950170-25-046769-index.htm

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