{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-335917","form_type":"8-K","ticker":"MNOV","cik":"0001226616","company_name":"MEDICINOVA INC","filed_at":"2025-12-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.982007+00:00","generated_at":"2026-05-16T11:57:38.135866+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"MediciNova enters equity distribution agreement for up to $50M at-the-market offering","bullets":["Agreement with Lucid Capital Markets as sales agent for at-the-market sales of common stock.","Maximum aggregate offering price of $50,000,000 under the Sales Agreement.","Agent compensation set at 3.0% of gross sales price per share sold.","Company may suspend or terminate the agreement at any time; no obligation to sell shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-335917","json":"https://secwatch.observer/filing/0001193125-25-335917.json","markdown":"https://secwatch.observer/filing/0001193125-25-335917.md","text":"https://secwatch.observer/filing/0001193125-25-335917.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1226616/000119312525335917/0001193125-25-335917-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1226616/000119312525335917/d25180d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:57:38.135866+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":[{"claim_id":"7c23973b33908af341f802e12c5748ca693c3def","claim":"MEDICINOVA INC entered into Sales Agreement with Lucid Capital Markets, LLC valued at $50,000,000 (effective 2025-12-29).","evidence_excerpt":"On December 29, 2025, MediciNova, Inc. (the “Company”) entered into an equity distribution agreement with Lucid Capital Markets, LLC (“Agent”) to sell shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), from time to time through the Agent, acting as sales agent, having a maximum aggregate offering price of $50,000,000 (the “Sales Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1226616/000119312525335917/0001193125-25-335917-index.htm","confidence":0.98,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"atm program"},{"label":"Counterparty","value":"Lucid Capital Markets, LLC"},{"label":"Value","value":"$50,000,000"},{"label":"Effective","value":"2025-12-29"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}