secwatch.observer — SEC 8-K summary
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Issuer:     VACCINEX, INC. (VCNX)
CIK:        0001205922
Form:       8-K
Filed at:   2024-03-27T23:59:59+00:00
Accession:  0001193125-24-078295
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Vaccinex raises ~$1.5M via public offering of 193K shares and warrants
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- Offering combines 193,000 common shares with warrants to purchase equivalent shares at $7.77 per unit.
- Gross proceeds of approximately $1.5 million; closing expected on March 28, 2024.
- Company prohibited from issuing or announcing new equity for 90 days post-close, with exceptions for insider/charity offerings up to $3M total.
- Prior at-the-market offering under Sale Agreement terminated effective March 26, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1205922/000119312524078295/0001193125-24-078295-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1205922/000119312524078295/d768315d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-078295

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer