---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-170744"
form_type: "8-K"
ticker: "MNOV"
cik: "0001226616"
company_name: "MEDICINOVA INC"
filed_at: "2025-08-01T23:59:59+00:00"
generated_at: "2026-05-17T21:45:16.894967+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# MediciNova enters $30M equity purchase agreement with Yorkville at 97% of VWAP

## Summary
- May sell up to $30M in common stock over 36 months via periodic advances.
- Purchase price set at 97% of the lowest of three daily VWAPs during a three-day pricing period.
- Fees: $25,000 structuring fee and $375,000 commitment fee paid to Yorkville.
- Exchange cap of 9,804,345 shares (19.99% of outstanding) unless stockholder approval or $1.33/share average price met.
- Yorkville's beneficial ownership limited to 4.99% of outstanding shares.

## SEC filing metadata
- accession: 0001193125-25-170744
- form_type: 8-K
- ticker: MNOV
- cik: 0001226616
- company_name: MEDICINOVA INC
- filed_at: 2025-08-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1226616/000119312525170744/0001193125-25-170744-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1226616/000119312525170744/d84145d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-170744
- JSON: https://secwatch.observer/filing/0001193125-25-170744.json
- Plain text: https://secwatch.observer/filing/0001193125-25-170744.txt

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