---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-086258"
form_type: "8-K"
ticker: "HCWB"
cik: "0001828673"
company_name: "HCW Biologics Inc."
filed_at: "2025-06-13T23:59:59+00:00"
generated_at: "2026-05-19T08:58:31.595392+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Armistice Capital exercises 85,000 pre-funded warrants in HCW Biologics

## Summary
- On June 12, 2025, Armistice exercised pre-funded warrants for 85,000 shares of HCWB common stock at $0.0001 per share.
- This exercise leaves Armistice holding pre-funded warrants exercisable for 54,000 additional shares.
- Prior exercises: 177,140 shares on May 15, 126,000 on May 22, and 71,000 on May 29, 2025.
- The warrants were issued under a Securities Purchase Agreement dated May 13, 2025.

## SEC filing metadata
- accession: 0000950170-25-086258
- form_type: 8-K
- ticker: HCWB
- cik: 0001828673
- company_name: HCW Biologics Inc.
- filed_at: 2025-06-13T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828673/000095017025086258/0000950170-25-086258-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828673/000095017025086258/hcwb-20250612.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-086258
- JSON: https://secwatch.observer/filing/0000950170-25-086258.json
- Plain text: https://secwatch.observer/filing/0000950170-25-086258.txt

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