---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-056843"
form_type: "8-K"
ticker: "HCWB"
cik: "0001828673"
company_name: "HCW Biologics Inc."
filed_at: "2025-04-22T23:59:59+00:00"
generated_at: "2026-05-23T09:29:28.756635+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# HCW Biologics sued by BE&K for breach of construction contract; Fisk Electric files separate suit

## Summary
- Received BE&K complaint on April 17, 2025, alleging breach of Project Contract and Forbearance Agreement.
- BE&K seeks damages, interest, and costs; other defendants filed cross-claims against HCW Biologics.
- Fisk Electric filed separate lawsuit on April 18, 2025, against HCW Biologics and others.
- Company made $1.0M partial payment to BE&K under forbearance agreement, but loan from Cogent Bank remains classified as short-term debt due to default risk.
- Company is seeking alternative financing to satisfy mechanic's liens and complete construction of its headquarters.

## SEC filing metadata
- accession: 0000950170-25-056843
- form_type: 8-K
- ticker: HCWB
- cik: 0001828673
- company_name: HCW Biologics Inc.
- filed_at: 2025-04-22T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828673/000095017025056843/0000950170-25-056843-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828673/000095017025056843/hcwb-20250417.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-056843
- JSON: https://secwatch.observer/filing/0000950170-25-056843.json
- Plain text: https://secwatch.observer/filing/0000950170-25-056843.txt

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