{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-041180","form_type":"8-K","ticker":"FEMY","cik":"0001339005","company_name":"FEMASYS INC","filed_at":"2025-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.188120+00:00","generated_at":"2026-05-16T22:58:09.779269+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Femasys raises $12M via senior secured convertible notes and warrants","bullets":["Senior secured convertible notes: $12M aggregate principal, 8.5% interest (PIK), conversion price $0.73 (15% premium to close), 10-year maturity.","Series A-1/B-1/C-1 warrants at $0.81/$0.92/$1.10 exercise prices, expiring 10 years (some subject to early expiry based on sales or FDA approval).","Proceeds to repay existing $12M Nov 2023 senior notes and for working capital; first closing Nov 7, second Nov 26, 2025.","CEO Kathy Lee Sepsick, CFO, and board member purchased $100k of notes/warrants on same terms as other investors.","Lead lender Pointillist Global Macro receives board nomination right until ownership <4.99% or 5 years; standstill at 30%."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-041180","json":"https://secwatch.observer/filing/0001140361-25-041180.json","markdown":"https://secwatch.observer/filing/0001140361-25-041180.md","text":"https://secwatch.observer/filing/0001140361-25-041180.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1339005/000114036125041180/0001140361-25-041180-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1339005/000114036125041180/ef20058459_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T22:58:09.779269+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"}