---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-239995"
form_type: "8-K"
ticker: "ASAN"
cik: "0001477720"
company_name: "Asana, Inc."
filed_at: "2022-09-07T23:59:59+00:00"
generated_at: "2026-06-23T14:03:31.251271+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Asana raises $350M in private placement to CEO Dustin Moskovitz at $18.16/share

## Summary
- Sold 19.3M Class A shares to President/CEO/Chair Moskovitz for $350M gross proceeds.
- Purchase price of $18.16 based on Sept 2 closing price; proceeds for working capital and corporate purposes.
- Moskovitz granted irrevocable proxy to Company to vote shares reflecting minority stockholder results.
- Governance restrictions: Moskovitz cannot transfer control or acquire 90%+ without independent special committee and minority vote.
- Special committee of independent directors negotiated and approved the private placement.

## SEC filing metadata
- accession: 0001193125-22-239995
- form_type: 8-K
- ticker: ASAN
- cik: 0001477720
- company_name: Asana, Inc.
- filed_at: 2022-09-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1477720/000119312522239995/0001193125-22-239995-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1477720/000119312522239995/d401626d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-239995
- JSON: https://secwatch.observer/filing/0001193125-22-239995.json
- Plain text: https://secwatch.observer/filing/0001193125-22-239995.txt

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