---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-002020"
form_type: "8-K"
ticker: "FLNA"
cik: "0001069530"
company_name: "FILANA THERAPEUTICS, INC."
filed_at: "2024-04-15T23:59:59+00:00"
generated_at: "2026-06-03T22:44:23.483138+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cassava Sciences sets May 6 final warrant exercise deadline; unexercised warrants redeemed for $0.001

## Summary
- May 6, 2024 at 5pm ET is last day to exercise warrants (distributed Jan 3); unexercised warrants redeemed May 7 for $0.001 each.
- Each warrant entitles holder to purchase 1 share at $33 plus 0.5 bonus share; effective price ~$22 per share for 1.5 shares.
- Company receives cash only from exercised warrants; holders may also sell warrants on open market before deadline.
- Warrants issued as 4 warrants per 10 shares held on Dec 22, 2023 record date, rounded down.
- Nominal redemption price of $0.001 per warrant applies after deadline; warrants will cease to exist.

## SEC filing metadata
- accession: 0001171843-24-002020
- form_type: 8-K
- ticker: FLNA
- cik: 0001069530
- company_name: FILANA THERAPEUTICS, INC.
- filed_at: 2024-04-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1069530/000117184324002020/0001171843-24-002020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069530/000117184324002020/f8k_041524.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-002020
- JSON: https://secwatch.observer/filing/0001171843-24-002020.json
- Plain text: https://secwatch.observer/filing/0001171843-24-002020.txt

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