{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-099735","form_type":"8-K","ticker":"QNRX","cik":"0001671502","company_name":"Quoin Pharmaceuticals, Ltd.","filed_at":"2025-10-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.104565+00:00","generated_at":"2026-05-17T03:45:42.922656+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Quoin raises $16.6M upfront in PIPE; up to $104.6M total with milestone warrants","bullets":["Upfront gross proceeds of $16.6M ($15M net) from private placement; proceeds for QRX003 development and general corporate.","Warrant series H, I, J, K with exercise prices $9.075-$12.375 per ADS; potential cash proceeds up to $88M if exercised.","Investors include AIGH Capital, Soleus Capital, Nantahala Capital, Diadema, Stonepine, ADAR1, Velan; director Langer invested $128k.","Warrant exercise triggers tied to FDA milestones for QRX003: Type C meeting, pivotal trial endpoints, FDA approval, or PRV sale.","Directors and officers subject to 180-day lock-up; proceeds with warrant exercise expected to fund operations into 2027."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-099735","json":"https://secwatch.observer/filing/0001104659-25-099735.json","markdown":"https://secwatch.observer/filing/0001104659-25-099735.md","text":"https://secwatch.observer/filing/0001104659-25-099735.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1671502/000110465925099735/0001104659-25-099735-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1671502/000110465925099735/tm2528687d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T03:45:42.922656+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}