secwatch.observer — SEC 8-K summary
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Issuer:     ELUTIA INC. (ELUT)
CIK:        0001708527
Form:       8-K
Filed at:   2024-06-18T23:59:59+00:00
Accession:  0001104659-24-072818
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Elutia raises $13.26M in registered direct offering of 3.175M shares and prefunded warrants at $3.40/share
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- Gross proceeds ~$13.26M from sale of 3,175,000 shares and 725,000 prefunded warrants.
- Offering price $3.40 per share; prefunded warrants $3.399 each, exercisable at $0.001.
- Net proceeds to be used for working capital and general corporate purposes.
- Lake Street Capital Markets acted as placement agent; 7.0% cash fee on gross proceeds.
- Directors and officers subject to 90-day lock-up on company securities post-closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1708527/000110465924072818/0001104659-24-072818-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1708527/000110465924072818/tm2417396d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-072818

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