---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-115946"
form_type: "8-K"
ticker: "XGN"
cik: "0001274737"
company_name: "EXAGEN INC."
filed_at: "2025-05-08T23:59:59+00:00"
generated_at: "2026-05-22T03:20:56.368901+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Exagen prices public offering of 3.35M shares at $5.25/share for ~$17.6M gross proceeds

## Summary
- 3,350,000 shares priced at $5.25; gross proceeds $17.6M; net expected ~$16.2M after expenses.
- Underwriter Canaccord Genuity has a 30-day option to buy up to 502,500 additional shares.
- Offering expected to close May 9, 2025; proceeds for working capital and general corporate purposes.
- All shares sold by Exagen; no binding acquisition agreements at this time.

## SEC filing metadata
- accession: 0001193125-25-115946
- form_type: 8-K
- ticker: XGN
- cik: 0001274737
- company_name: EXAGEN INC.
- filed_at: 2025-05-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1274737/000119312525115946/0001193125-25-115946-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1274737/000119312525115946/d788679d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-115946
- JSON: https://secwatch.observer/filing/0001193125-25-115946.json
- Plain text: https://secwatch.observer/filing/0001193125-25-115946.txt

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