secwatch / observer
8-K filed April 9, 2024, 7:59 PM ET ticker BDSX CIK 0001439725
other material confidence high sentiment neutral materiality 0.65

Biodesix raises ~$51.6M in oversubscribed common offering and convertible preferred placement

BIODESIX INC

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

BIODESIX INC: Filed Certificate of Designations for Series A Non-Voting Convertible Preferred Stock (effective 2024-04-08).

Change
charter amendment
Effective
2024-04-08
Exact text from the filing
On April 8, 2024, the Company filed a Certificate of Designations of Preferences, Rights and Limitations of the Series A Non-Voting Convertible Preferred Stock with the Secretary of State of the State of Delaware (the “Certificate of Designations”) in connection with the Concurrent Private Placement.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

BIODESIX INC entered into Securities Purchase Agreements with various investors, including certain members of management, certain of its directors and funds affiliated with those directors valued at 760,857 shares of Series A Non-Voting Convertible Preferred Stock at $46.00 per share for aggregate (effective 2024-04-05).

Action
entry
Agreement
equity purchase
Counterparty
various investors, including certain members of management, certain of its directors and funds affiliated with those directors
Value
760,857 shares of Series A Non-Voting Convertible Preferred Stock at $46.00 per share for aggregate
Effective
2024-04-05
Exact text from the filing
On April 5, 2024, the Company entered into securities purchase agreements (the “Securities Purchase Agreements”) with various investors, including certain members of management, certain of its directors and funds affiliated with those directors (the “Investors”) for the issuance and sale by the Company of an aggregate of 760,857 shares of Series A Non-Voting Convertible Preferred Stock, par value $0.001 per share (the “Series A Preferred Stock”) in an offering (the “Concurrent Private Placement”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

BIODESIX INC entered into Underwriting Agreement with TD Securities (USA) LLC, William Blair & Company, L.L.C., and Canaccord Genuity LLC valued at 17,391,832 shares of Common Stock at $1.15 per share for approximately $18.4 million net proceeds (effective 2024-04-05).

Action
entry
Agreement
underwriting
Counterparty
TD Securities (USA) LLC, William Blair & Company, L.L.C., and Canaccord Genuity LLC
Value
17,391,832 shares of Common Stock at $1.15 per share for approximately $18.4 million net proceeds
Effective
2024-04-05
Exact text from the filing
On April 9, 2024, the Company closed an underwritten offering (the “Offering”) of 17,391,832 shares of its Common Stock, par value $0.001 per share (the “Common Stock”). The Common Stock was issued and sold pursuant to an underwriting agreement (the “Underwriting Agreement”), dated April 5, 2024, by and between the Company and TD Securities (USA) LLC, William Blair & Company, L.L.C., and Canaccord Genuity LLC as representatives of the underwriters, at a price to the public of $1.15 per share.
View on SEC.gov

247 governance changes filed in the last 30 days. Browse all governance changes →

BIODESIX INC filing history →

Source: SEC EDGAR
accession 0001193125-24-090787
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