secwatch.observer — SEC 8-K summary
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Issuer:     Liquidia Corp (LQDA)
CIK:        0001819576
Form:       8-K
Filed at:   2023-12-12T23:59:59+00:00
Accession:  0001104659-23-125203
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Liquidia prices $25M public offering at $7.16/share; CEO invests $1M in concurrent private placement
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- 3,491,620 shares priced at $7.16 in underwritten public offering; gross proceeds ~$25M.
- Funds to support YUTREPIA commercial development, clinical trials (WHO Group 3, pediatric), and L606 development.
- CEO Roger Jeffs invests ~$1M in parallel private placement of 139,665 shares at same price.
- BofA Securities sole book-runner, BTIG lead manager; expected close Dec 14, 2023.
- Directors Johnson and Manning participate with $10M aggregate investment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819576/000110465923125203/0001104659-23-125203-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819576/000110465923125203/tm2332695d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-125203

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