secwatch.observer — SEC 8-K summary
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Issuer:     PALISADE BIO, INC. (PALI)
CIK:        0001357459
Form:       8-K
Filed at:   2022-05-06T23:59:59+00:00
Accession:  0001193125-22-143832
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Palisade Bio raises ~$2.0M in registered direct offering and warrants
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- Sold 3,646,690 shares at $0.55/share for gross proceeds of ~$2.0M.
- Concurrent private placement of warrants to purchase 3,646,690 shares at $0.7105, exercisable in 6 months, expiring in 5.5 years.
- Placement agent Ladenburg Thalmann receives 7.75% cash fee and 218,801 warrants at $0.7105 with 5-year term.
- Shares offered via effective S-3 registration statement filed March 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1357459/000119312522143832/0001193125-22-143832-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1357459/000119312522143832/d339827d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-143832

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