8-K/A
filed September 14, 2023, 7:59 PM ET
ticker CDIO
CIK 0001870144
other material
confidence high
sentiment neutral
materiality 0.60
Cardio Diagnostics extends Yorkville second closing to Dec 2023; lowers floor price to $0.20
Cardio Diagnostics Holdings, Inc.
- Second closing deadline extended to December 29, 2023 from September 15, 2023, subject to conditions.
- Floor price for convertible debentures reduced from $0.55 to $0.20 per share, effective retroactively.
- Share issuance cap set at 20,363,637 shares; stockholder approval or legal opinion required to exceed.
- Nasdaq minimum bid price notice no longer constitutes a condition failure unless it immediately affects listing.
Key facts
Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Cardio Diagnostics Holdings, Inc. amended SPA Amendment No. 2 with YA II PN, Ltd. ("Yorkville") (effective 2023-09-13).
- Action
- amendment
- Agreement
- equity purchase
- Counterparty
- YA II PN, Ltd. ("Yorkville")
- Effective
- 2023-09-13
Exact text from the filing
By letter agreement dated September 13, 2023 ("SPA Amendment No. 2"), the Company and Yorkville mutually agreed that the date of the Second Closing will be December 29, 2023 (or such other date that is mutually agreed upon by the Company and Yorkville)
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Cardio Diagnostics Holdings, Inc. entered into Securities Purchase Agreement with YA II PN, Ltd. ("Yorkville") valued at up to $11.2 million (effective 2023-03-08).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- YA II PN, Ltd. ("Yorkville")
- Value
- up to $11.2 million
- Effective
- 2023-03-08
Exact text from the filing
on March 8, 2023, the Company entered into a securities purchase agreement (the "Securities Purchase Agreement") with YA II PN, Ltd. ("Yorkville"), a fund managed by Yorkville Advisors Global, LP, headquartered in Mountainside, New Jersey.
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.