{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-290474","form_type":"8-K","ticker":"BCAB","cik":"0001826892","company_name":"BioAtla, Inc.","filed_at":"2025-11-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.651746+00:00","generated_at":"2026-05-16T17:41:48.167883+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"BioAtla raises $7.5M via PPAs and $15M SEPA; Yorkville gets 243,428 commitment shares","bullets":["PPAs for $7.5M face amount; net proceeds ~$7.13M at 95% of face; due in 12 months.","PPA conversion price is lower of 115% of prior VWAP or 95% of lowest 7-day VWAP, with floor at 20% of closing price.","SEPA allows BioAtla to sell up to $15M common stock to Yorkville over 36 months at 97% of lowest 3-day VWAP.","Yorkville received 243,428 commitment shares worth $300,000 as SEPA fee.","Company restricts other variable-rate transactions until PPA repaid; 19.99% Exchange Cap may limit total shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-290474","json":"https://secwatch.observer/filing/0001193125-25-290474.json","markdown":"https://secwatch.observer/filing/0001193125-25-290474.md","text":"https://secwatch.observer/filing/0001193125-25-290474.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1826892/000119312525290474/0001193125-25-290474-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1826892/000119312525290474/bcab-20251120.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T17:41:48.167883+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"}