---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-116038"
form_type: "8-K"
ticker: "AUMN"
cik: "0001011509"
company_name: "Golden Minerals Co"
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T06:00:09.343864+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Golden Minerals closes $4.2M public offering of common stock and warrants

## Summary
- Gross proceeds ~$4.2M from sale of 4.71M common shares and warrants (Series A, B, Pre-Funded) at $0.70 per share.
- Offering closed Nov 8, 2023; proceeds for working capital and may settle Unifin Financiera lawsuit.
- Series A warrant exercise price reduced from $1.45 to $0.70 due to anti-dilution adjustment from the offering.
- H.C. Wainwright acted as exclusive placement agent; received 6% cash fee and $125K expense reimbursement.

## SEC filing metadata
- accession: 0001104659-23-116038
- form_type: 8-K
- ticker: AUMN
- cik: 0001011509
- company_name: Golden Minerals Co
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1011509/000110465923116038/0001104659-23-116038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1011509/000110465923116038/tm2330277d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-116038
- JSON: https://secwatch.observer/filing/0001104659-23-116038.json
- Plain text: https://secwatch.observer/filing/0001104659-23-116038.txt

## Key facts
- Material Agreements
  Golden Minerals Co entered into Securities Purchase Agreement with certain institutional investors valued at aggregate gross proceeds from the Offering of approximately $4.2 million (effective 2023-11-06).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain institutional investors
  - Value: aggregate gross proceeds from the Offering of approximately $4.2 million
  - Effective: 2023-11-06
  source text: On November 6, 2023, Golden Minerals Company (the “Company”), a Delaware corporation, entered into a Securities Purchase Agreement with certain institutional investors (the “Securities Purchase Agreement”) providing for the issuance and sale by the Company in a public offering (the “Offering”), (i) an aggregate of 4,712,488 shares of the Company’s common stock, par value $0.01 per share (the “Common Shares”), at a public offering price of $0.70 per Common Share (the “Initial Shares”); (ii) Series A common warrants (the “Series A Warrants”) to purchase 6,000,000 Common Shares (the “Series A Warrant Shares”) at a public offering price of $0.70 per Common Share; (iii) Series B warrants (the “Series B Warrants” and, together with the Series A Warrants, the “Common Warrants”) to purchase 3,000,000 Common Shares (the “Series B Warrant Shares” and, together with the Series A Warrant Shares, the “Common Warrant Shares”) at a public offering price of $0.70 per Common Share; (iv) pre-funded warr
  evidence_url: https://www.sec.gov/Archives/edgar/data/1011509/000110465923116038/0001104659-23-116038-index.htm

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