---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-120032"
form_type: "8-K"
ticker: "NLST"
cik: "0001282631"
company_name: "NETLIST INC"
filed_at: "2021-09-28T23:59:59+00:00"
generated_at: "2026-06-29T00:54:56.954685+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Netlist enters $75M equity purchase agreement with Lincoln Park Capital Fund

## Summary
- Company may sell up to $75M of common stock over 36 months at its sole discretion.
- Purchase price based on market price at time of sale; no upper price limit per share.
- Initial 218,750 shares issued as commitment fee; up to 143,750 additional shares as pro rata fees.
- Lincoln Park capped at 9.99% beneficial ownership; company can terminate at any time.
- No cash proceeds from initial shares; proceeds from future sales fund operations.

## SEC filing metadata
- accession: 0001104659-21-120032
- form_type: 8-K
- ticker: NLST
- cik: 0001282631
- company_name: NETLIST INC
- filed_at: 2021-09-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1282631/000110465921120032/0001104659-21-120032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1282631/000110465921120032/tm2127825d4_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-120032
- JSON: https://secwatch.observer/filing/0001104659-21-120032.json
- Plain text: https://secwatch.observer/filing/0001104659-21-120032.txt

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