secwatch.observer — SEC 8-K summary
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Issuer:     BIO-PATH HOLDINGS, INC. (BPTH)
CIK:        0001133818
Form:       8-K
Filed at:   2024-06-05T23:59:59+00:00
Accession:  0001104659-24-068736
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bio-Path Holdings raises $4.0M in private placement of common stock and warrants
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- Gross proceeds ~$4.0M from sale of 1,809,955 shares (or equivalents) and warrants at $2.21 per unit.
- Series A warrants (5-year term) and Series B warrants (24-month term), each exercisable at $2.00/share.
- H.C. Wainwright acted as exclusive placement agent, receiving 7.5% cash fee and placement agent warrants.
- Net proceeds to be used for working capital and general corporate purposes.
- Securities unregistered; company agreed to file resale registration statement within 15 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1133818/000110465924068736/0001104659-24-068736-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1133818/000110465924068736/tm2416484d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-068736

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