---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-116881"
form_type: "8-K"
ticker: "XGN"
cik: "0001274737"
company_name: "EXAGEN INC."
filed_at: "2025-05-09T23:59:59+00:00"
generated_at: "2026-05-22T01:24:07.077004+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Exagen closes $20.2M public offering at $5.25/share; net proceeds ~$18.6M

## Summary
- Offering of 3,350,000 shares plus full exercise of underwriter's option for 502,500 shares.
- Gross proceeds of ~$20.2M; net proceeds after fees and expenses ~$18.6M.
- Canaccord Genuity acted as sole bookrunner; offering priced at $5.25 per share.
- Shares sold under effective shelf registration; proceeds for general corporate purposes.

## SEC filing metadata
- accession: 0001193125-25-116881
- form_type: 8-K
- ticker: XGN
- cik: 0001274737
- company_name: EXAGEN INC.
- filed_at: 2025-05-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1274737/000119312525116881/0001193125-25-116881-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1274737/000119312525116881/d916977d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-116881
- JSON: https://secwatch.observer/filing/0001193125-25-116881.json
- Plain text: https://secwatch.observer/filing/0001193125-25-116881.txt

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