---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-25-000460"
form_type: "8-K"
ticker: "TOI"
cik: "0001799191"
company_name: "Oncology Institute, Inc."
filed_at: "2025-03-25T23:59:59+00:00"
generated_at: "2026-05-24T05:56:22.999885+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# The Oncology Institute raises $16.5M via private placement and exchanges $4.1M notes

## Summary
- Gross proceeds of ~$16.5M from issuing 12.0M common shares, pre-funded warrants for 2.9M shares, and common warrants for 7.4M shares.
- Deerfield exchanges ~$4.1M senior secured convertible notes for 37,233 preferred shares (convertible into 3.7M common) and warrants for 1.9M shares.
- Common warrants exercisable at $1.1980/share for 5 years; pre-funded warrants at $0.0001/share.
- Proceeds to support organic growth and working capital; closing expected March 26, 2025.

## SEC filing metadata
- accession: 0001079973-25-000460
- form_type: 8-K
- ticker: TOI
- cik: 0001799191
- company_name: Oncology Institute, Inc.
- filed_at: 2025-03-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 3.03, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1799191/000107997325000460/0001079973-25-000460-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1799191/000107997325000460/toi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-25-000460
- JSON: https://secwatch.observer/filing/0001079973-25-000460.json
- Plain text: https://secwatch.observer/filing/0001079973-25-000460.txt

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