secwatch.observer — SEC 8-K summary
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Issuer:     Senseonics Holdings, Inc. (SENS)
CIK:        0001616543
Form:       8-K
Filed at:   2024-10-28T23:59:59+00:00
Accession:  0001104659-24-111627
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Senseonics prices $16M registered direct offering at $0.35/share with warrants
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- 45,714,286 shares and matching warrants sold at combined $0.35 per unit.
- Gross proceeds $16M upfront; warrants could yield additional $16M if exercised for cash.
- Warrants exercisable after 6 months at $0.35, expire 5 years from initial exercise.
- Proceeds for working capital, general corporate, and possible repayment of 5.25% Convertible Notes due 2025.
- ATM equity distribution agreement amended to allow up to $55M in common stock sales.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1616543/000110465924111627/0001104659-24-111627-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1616543/000110465924111627/tm2426770d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-111627

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