---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-053523"
form_type: "8-K"
ticker: "TCRT"
cik: "0001107421"
company_name: "Alaunos Therapeutics, Inc."
filed_at: "2025-04-14T23:59:59+00:00"
generated_at: "2026-05-23T15:19:00.380852+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Alaunos raises $500K via Series A-1 Convertible Preferred to Watermill Asset Management

## Summary
- 500 shares of Series A-1 Convertible Preferred at $1,000/share sold to Watermill Asset Management for $500K total.
- Preferred shares carry 10% annual dividend payable in kind; convertible to common at $2.76 per share.
- 1,601,252 common shares outstanding; preferred votes with common on as-converted basis.
- Closing occurred April 11, 2025; proceeds for general corporate purposes.

## SEC filing metadata
- accession: 0000950170-25-053523
- form_type: 8-K
- ticker: TCRT
- cik: 0001107421
- company_name: Alaunos Therapeutics, Inc.
- filed_at: 2025-04-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1107421/000095017025053523/0000950170-25-053523-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1107421/000095017025053523/tcrt-20250411.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-053523
- JSON: https://secwatch.observer/filing/0000950170-25-053523.json
- Plain text: https://secwatch.observer/filing/0000950170-25-053523.txt

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