---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-099305"
form_type: "8-K"
ticker: "LQDA"
cik: "0001819576"
company_name: "Liquidia Corp"
filed_at: "2024-09-12T23:59:59+00:00"
generated_at: "2026-05-31T05:17:04.397843+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Liquidia raises $67.5M in equity and activates $32.5M debt facility

## Summary
- Private placement of 1,123,595 shares at $8.90/share to Caligan Partners LP (fund controlled by director David Johnson) for $10M.
- Underwritten public offering of 6,460,674 shares at $8.90/share for gross proceeds of $57.5M.
- Fifth Amendment to RIFA with HealthCare Royalty Partners provides $32.5M additional funding; condition satisfied by equity raises.
- All transactions closed on September 12, 2024.

## SEC filing metadata
- accession: 0001104659-24-099305
- form_type: 8-K
- ticker: LQDA
- cik: 0001819576
- company_name: Liquidia Corp
- filed_at: 2024-09-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819576/000110465924099305/0001104659-24-099305-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819576/000110465924099305/tm2423869d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-099305
- JSON: https://secwatch.observer/filing/0001104659-24-099305.json
- Plain text: https://secwatch.observer/filing/0001104659-24-099305.txt

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