secwatch.observer — SEC 8-K summary
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Issuer:     BIO-PATH HOLDINGS, INC. (BPTH)
CIK:        0001133818
Form:       8-K
Filed at:   2024-03-26T23:59:59+00:00
Accession:  0001104659-24-038742
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bio-Path raises ~$299k in registered direct offering; issues warrants
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- Gross proceeds of $299,250 from 75,000 shares at $3.99/share; net ~$0.2M after fees.
- Common warrants to purchase up to 75,000 shares at $3.865, 5-year term, immediate exercise.
- Placement agent H.C. Wainwright gets 7.5% fee plus warrants for 5,625 shares at $4.9875.
- Proceeds for working capital; closing expected March 27, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1133818/000110465924038742/0001104659-24-038742-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1133818/000110465924038742/tm249787d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-038742

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