secwatch.observer — SEC 8-K summary
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Issuer:     Milestone Pharmaceuticals Inc. (MIST)
CIK:        0001408443
Form:       8-K
Filed at:   2023-03-27T23:59:59+00:00
Accession:  0001104659-23-037189
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Milestone exchanges 1.06M shares with RTW for pre-funded warrants; adds director Fischer
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- Exchanged 1,059,000 common shares with RTW Investments for pre-funded warrants at $0.001 exercise price, no expiration.
- Warrants immediately exercisable; subject to 9.99% beneficial ownership limitation.
- Seth H.Z. Fischer elected to Board, effective March 21, 2023; over 40 years pharma experience, including Johnson & Johnson.
- Fischer receives $35,000 annual cash retainer and initial option for 42,000 shares vesting over 3 years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1408443/000110465923037189/0001104659-23-037189-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1408443/000110465923037189/tm2310615d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-037189

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer