{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-072550","form_type":"8-K","ticker":"PRAX","cik":"0001689548","company_name":"Praxis Precision Medicines, Inc.","filed_at":"2023-06-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.051649+00:00","generated_at":"2026-06-13T21:24:13.993315+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Praxis Precision Medicines announces $63.3M public offering of common stock and pre-funded warrants at $0.95/share","bullets":["Offering includes 55.15M shares of common stock and pre-funded warrants to purchase 7.05M shares at $0.95/$0.9499 per share.","Underwriters fully exercised option to purchase additional 9.3M shares; net proceeds expected ~$63.3M.","Proceeds to advance ulixacaltamide Phase 3 for essential tremor and continue PRAX-562, PRAX-222, PRAX-628 epilepsy trials.","Company expects combined cash and proceeds to fund operations into Q1 2025.","Closing expected June 21, 2023 subject to customary conditions; pre-funded warrants not listed on Nasdaq."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-072550","json":"https://secwatch.observer/filing/0001104659-23-072550.json","markdown":"https://secwatch.observer/filing/0001104659-23-072550.md","text":"https://secwatch.observer/filing/0001104659-23-072550.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1689548/000110465923072550/0001104659-23-072550-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1689548/000110465923072550/tm238261d5_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T21:24:13.993315+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}