secwatch.observer — SEC 8-K summary
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Issuer:     LIFECORE BIOMEDICAL, INC. DE (LFCR)
CIK:        0001005286
Form:       8-K
Filed at:   2022-11-25T23:59:59+00:00
Accession:  0001005286-22-000083
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lifecore Biomedical raises $5.0M via private placement of 627,746 shares at $7.97 each
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- Sold 627,746 shares of common stock at $7.97 each to entities affiliated with Wynnefield Capital, Inc.
- Gross proceeds of approximately $5.0 million; transaction closed November 25, 2022.
- Purchasers granted piggyback registration rights; offering exempt under Section 4(a)(2) of Securities Act.
- Shares issued as unregistered; no specific use of proceeds disclosed in the filing.
- Dilution represents about 2.1% of outstanding common stock (29.67M shares pre-offering).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005286/000100528622000083/0001005286-22-000083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005286/000100528622000083/lndc-20221125.htm
  HTML page:      https://secwatch.observer/filing/0001005286-22-000083

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