secwatch.observer — SEC 8-K summary
======================================

Issuer:     PRECISION BIOSCIENCES INC (DTIL)
CIK:        0001357874
Form:       8-K
Filed at:   2024-03-01T23:59:59+00:00
Accession:  0001104659-24-029636
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Precision BioSciences prices $40M public offering of 2.5M shares and warrants at $16/unit
--------------------------------------------------------------------------------

- Offering of 2,500,000 common shares and warrants to purchase another 2,500,000 shares at $16.00 per unit.
- Warrants have $20.00 exercise price, are immediately exercisable, and expire in 5 years.
- Gross proceeds of $40.0M; net proceeds estimated at ~$37.1M after underwriting discounts.
- Proceeds to fund R&D and general corporate purposes; closing expected March 5, 2024.
- Participants include Perceptive Advisors, Janus Henderson, Aquilo Capital, LYFE Capital; Guggenheim sole book-runner.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1357874/000110465924029636/0001104659-24-029636-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1357874/000110465924029636/tm246680d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-029636

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