---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-102345"
form_type: "8-K"
ticker: "SLS"
cik: "0001390478"
company_name: "SELLAS Life Sciences Group, Inc."
filed_at: "2025-10-27T23:59:59+00:00"
generated_at: "2026-05-17T02:09:11.834397+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SELLAS receives $31M from warrant exercise; issues new warrants at $2 strike

## Summary
- Existing warrants for up to 22,363,714 shares exercised immediately for $31M gross proceeds.
- New registered warrants issued for 22,363,714 shares at $2.00, exercisable immediately for five years.
- Financial advisors A.G.P. and Maxim Group receive 5.75% of gross proceeds fee plus up to $60K legal reimbursement.
- Company restricted for 75 days from issuing equity or filing registration statements; 12-month ban on variable-rate transactions.
- Virtual R&D Day on AML scheduled for October 29, 2025.

## SEC filing metadata
- accession: 0001104659-25-102345
- form_type: 8-K
- ticker: SLS
- cik: 0001390478
- company_name: SELLAS Life Sciences Group, Inc.
- filed_at: 2025-10-27T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1390478/000110465925102345/0001104659-25-102345-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1390478/000110465925102345/tm2529505d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-102345
- JSON: https://secwatch.observer/filing/0001104659-25-102345.json
- Plain text: https://secwatch.observer/filing/0001104659-25-102345.txt

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