secwatch.observer — SEC 8-K summary
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Issuer:     FILANA THERAPEUTICS, INC. (FLNA)
CIK:        0001069530
Form:       8-K
Filed at:   2024-04-15T23:59:59+00:00
Accession:  0001171843-24-002020
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069530/000117184324002020/0001171843-24-002020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069530/000117184324002020/f8k_041524.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-002020

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