Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
DELCATH SYSTEMS, INC. entered into Securities Purchase Agreement with certain accredited investors valued at sale of 876,627 shares at $3.72/share and 1,008,102 pre-funded warrants at $3.71/warrant, gross proc (effective 2024-03-14).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- certain accredited investors
- Value
- sale of 876,627 shares at $3.72/share and 1,008,102 pre-funded warrants at $3.71/warrant, gross proc
- Effective
- 2024-03-14
Exact text from the filing
On March 14, 2024, Delcath Systems, Inc. (the “Company”) and certain accredited investors (each an “Investor” and collectively, the “Investors”) entered into a securities purchase agreement (the “Securities Purchase Agreement”) pursuant to which the Company agreed to sell and issue to the Investors in a private placement (the “Private Placement”) (i) an aggregate of 876,627 shares (the “Shares”) of the Company’s common stock, par value $0.01 per share (the “Common Stock”), at a purchase price of $3.72 per share, and (ii) to certain investors, in lieu of shares of Common Stock, 1,008,102 pre-funded warrants (the “Pre-Funded Warrants”) at a price per Pre-Funded Warrant of $3.71 (the “Warrant Shares” and together with the Shares, the “Securities”).
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