{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-001825","form_type":"8-K","ticker":"PRAX","cik":"0001689548","company_name":"Praxis Precision Medicines, Inc.","filed_at":"2026-01-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.896344+00:00","generated_at":"2026-05-16T11:22:49.308327+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Praxis Precision Medicines prices $661M equity offering at $260/share, net proceeds ~$621M","bullets":["Offering of 2,212,000 shares plus full exercise of underwriter option for 331,800 shares at $260/share.","Net proceeds estimated at $621.2M after underwriting discounts and expenses.","Underwriters: Piper Sandler, TD Securities, Guggenheim Securities; closing expected Jan 8, 2026.","Proceeds to fund commercialization prep, R&D, and working capital; cash runway extended into 2028.","Offering made under effective shelf registration (Form S-3 ASR filed Dec 23, 2024)."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-001825","json":"https://secwatch.observer/filing/0001104659-26-001825.json","markdown":"https://secwatch.observer/filing/0001104659-26-001825.md","text":"https://secwatch.observer/filing/0001104659-26-001825.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1689548/000110465926001825/0001104659-26-001825-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1689548/000110465926001825/tm261686d3_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:22:49.308327+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"}