{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-151279","form_type":"8-K","ticker":"ZYME","cik":"0001937653","company_name":"Zymeworks Inc.","filed_at":"2025-06-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.509587+00:00","generated_at":"2026-05-18T16:46:32.032567+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Zymeworks removes warrant cap; EcoR1 exercises for 5.1M shares, diluting by ~7%","bullets":["Removed 19.99% beneficial ownership cap on pre-funded warrants held by EcoR1 Capital.","EcoR1 net exercised warrants for 5,086,480 shares of common stock at $0.0001 per share on June 26, 2025.","Outstanding shares increased to 74,844,505 from ~69.8M, representing ~7% dilution.","Warrants originally issued Dec 2023 at $9.83 each for $50M; exercise provides no new cash.","Oleg Nodelman and Scott Platshon, both board members, represent EcoR1."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-151279","json":"https://secwatch.observer/filing/0001193125-25-151279.json","markdown":"https://secwatch.observer/filing/0001193125-25-151279.md","text":"https://secwatch.observer/filing/0001193125-25-151279.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1937653/000119312525151279/0001193125-25-151279-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1937653/000119312525151279/d19414d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T16:46:32.032567+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}