---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-055829"
form_type: "8-K"
ticker: "PRPO"
cik: "0001043961"
company_name: "Precipio, Inc."
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T01:48:32.812342+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Precipio terminates its factoring agreement with Culain Capital Funding

## Summary
- Terminated Factoring Agreement with Culain Capital Funding, dated March 23, 2023, effective April 30, 2024.
- No early termination penalties incurred in connection with the termination.
- Agreement governed accounts receivable factoring financing.

## SEC filing metadata
- accession: 0001104659-24-055829
- form_type: 8-K
- ticker: PRPO
- cik: 0001043961
- company_name: Precipio, Inc.
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1043961/000110465924055829/0001104659-24-055829-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1043961/000110465924055829/tm2413231d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-055829
- JSON: https://secwatch.observer/filing/0001104659-24-055829.json
- Plain text: https://secwatch.observer/filing/0001104659-24-055829.txt

## Key facts
- Material Agreements
  Precipio, Inc. terminated Factoring Agreement with Culain Capital Funding, LLC (effective 2024-04-30).
  - Action: termination
  - Counterparty: Culain Capital Funding, LLC
  - Effective: 2024-04-30
  source text: On April 30, 2024, Precipio Inc. (“Precipio”) terminated the Factoring Agreement with Culain Capital Funding, LLC, dated March 23, 2023 (the “Factoring Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1043961/000110465924055829/0001104659-24-055829-index.htm

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