secwatch.observer — SEC 8-K summary
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Issuer:     PDS Biotechnology Corp (PDSB)
CIK:        0001472091
Form:       8-K
Filed at:   2026-06-15T20:00:41+00:00
Accession:  0001140361-26-025207
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 1.02, 2.03, 3.02, 3.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PDS Biotechnology closes $6M promissory note, warrant, and $50M ATM facility
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- Closed $6M promissory note with YA II PN, Ltd.; net proceeds $5.76M after 4% OID.
- Note bears 10% interest, matures June 15, 2027 (12 months from June 15, 2026).
- Issued warrant to purchase 2,158,274 shares at $1.1824 per share, exercisable after 6 months for 5 years.
- Entered $50M at-the-market offering agreement with Yorkville Securities and B. Riley Securities; 3% commission.
- Redeemed and terminated all outstanding Senior Secured Convertible Debentures (issued April 2025).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1472091/000114036126025207/0001140361-26-025207-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1472091/000114036126025207/ef20076071_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-025207

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