---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-121017"
form_type: "8-K"
ticker: "TAOX"
cik: "0001571934"
company_name: "TAO Synergies Inc."
filed_at: "2022-11-22T23:59:59+00:00"
generated_at: "2026-06-21T14:08:09.927019+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Synaptogenix creates Series B Convertible Preferred, closes $15M private placement

## Summary
- Issued Series B Convertible Preferred Stock with initial conversion price of $7.75 per share.
- Gross proceeds of $15 million from private placement of Preferred Shares and warrants.
- Preferred Shares carry 7% annual dividend (15% on trigger events), payable in cash or common stock.
- Mandatory redemption in 15 equal monthly installments starting April 1, 2023, payable in cash or stock.
- Company must seek stockholder approval by March 1, 2023 to issue over 19.9% of outstanding common stock.

## SEC filing metadata
- accession: 0001104659-22-121017
- form_type: 8-K
- ticker: TAOX
- cik: 0001571934
- company_name: TAO Synergies Inc.
- filed_at: 2022-11-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1571934/000110465922121017/0001104659-22-121017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1571934/000110465922121017/tm2231102d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-121017
- JSON: https://secwatch.observer/filing/0001104659-22-121017.json
- Plain text: https://secwatch.observer/filing/0001104659-22-121017.txt

## Key facts
- Governance Changes
  TAO Synergies Inc.: Created Series B Convertible Preferred Stock via Certificate of Designations (effective 2022-11-21).
  - Change: charter amendment
  - Effective: 2022-11-21
  source text: On November 21, 2022, Synaptogenix, Inc. (the “Company”) filed a Certificate of Designations of Series B Convertible Preferred Stock of Synaptogenix, Inc. with the Secretary of State of the State of Delaware (the “Certificate of Designations”), thereby creating a new series of preferred stock of the Company designated as “Series B Convertible Preferred Stock” (the “Preferred Shares”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1571934/000110465922121017/0001104659-22-121017-index.htm

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