secwatch.observer — SEC 8-K summary
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Issuer:     Adagio Medical Holdings, Inc. (ADGM)
CIK:        0002006986
Form:       8-K
Filed at:   2025-10-15T23:59:59+00:00
Accession:  0001104659-25-099535
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Adagio Medical (ADGM) announces $19M upfront, $31M potential warrant proceeds in private placement
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- Upfront proceeds ~$19M from 9.79M shares/pre-funded warrants at $1.9403 combined; Perceptive Advisors affiliate invests $4.25M.
- Warrants (Tranche A/B/C) exercisable at $1.71/share for up to ~18M shares; expire based on FULCRUM-VT results, FDA approvals.
- Proceeds used for working capital and advancement of cardiac ablation clinical and product development activities.
- Private placement led by existing investor Perceptive Advisors; Piper Sandler sole placement agent; closing expected week of Oct 13.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2006986/000110465925099535/0001104659-25-099535-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2006986/000110465925099535/tm2528783d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-099535

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