---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-175581"
form_type: "8-K"
ticker: "GUTS"
cik: "0001572616"
company_name: "FRACTYL HEALTH, INC."
filed_at: "2025-08-07T23:59:59+00:00"
generated_at: "2026-05-17T17:34:18.806011+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Fractyl Health closes $20.7M underwritten offering of common stock and warrants

## Summary
- Issued 19,047,619 shares and warrants to buy up to 38,095,238 shares at combined price of $1.05/unit.
- Net proceeds of ~$20.7M; funds to support Revita and Rejuva pipeline programs and working capital.
- Tranche A warrants exercisable at $1.05, 2-year term; callable after REMAIN-1 data if stock >$1.37 for 15 days.
- Tranche B warrants require stockholder approval, 5-year term; directors, officers, Mithril agreed to vote in favor.
- Underwriter exercised full over-allotment for additional 2,857,142 units, increasing total offering size.

## SEC filing metadata
- accession: 0001193125-25-175581
- form_type: 8-K
- ticker: GUTS
- cik: 0001572616
- company_name: FRACTYL HEALTH, INC.
- filed_at: 2025-08-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1572616/000119312525175581/0001193125-25-175581-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1572616/000119312525175581/d944083d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-175581
- JSON: https://secwatch.observer/filing/0001193125-25-175581.json
- Plain text: https://secwatch.observer/filing/0001193125-25-175581.txt

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