secwatch.observer — SEC 8-K summary
======================================

Issuer:     Alaunos Therapeutics, Inc. (TCRT)
CIK:        0001107421
Form:       8-K
Filed at:   2025-04-14T23:59:59+00:00
Accession:  0000950170-25-053523
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1107421/000095017025053523/0000950170-25-053523-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1107421/000095017025053523/tcrt-20250411.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-053523

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