secwatch.observer — SEC 8-K summary
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Issuer:     COGNITION THERAPEUTICS INC (CGTX)
CIK:        0001455365
Form:       8-K
Filed at:   2024-03-13T23:59:59+00:00
Accession:  0001104659-24-033923
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cognition Therapeutics raises ~$10.4M in public offering of 6.57M shares at $1.75
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- Issued 6,571,428 shares of common stock at $1.75 per share; net proceeds ~$10.4M after expenses.
- Underwriter granted 30-day option to buy up to 985,714 additional shares at the same price.
- Offering expected to close March 14, 2024; funds to be used for R&D, clinical development, manufacturing, and working capital.
- Directors and executive officers subject to lock-up agreements prohibiting share sales until May 13, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1455365/000110465924033923/0001104659-24-033923-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1455365/000110465924033923/tm248691d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-033923

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