secwatch.observer — SEC 8-K summary
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Issuer:     EXAGEN INC. (XGN)
CIK:        0001274737
Form:       8-K
Filed at:   2025-05-09T23:59:59+00:00
Accession:  0001193125-25-116881
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1274737/000119312525116881/0001193125-25-116881-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1274737/000119312525116881/d916977d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-116881

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