---
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"
generated_at: "2026-05-16T11:57:38.135866+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# MediciNova enters equity distribution agreement for up to $50M at-the-market offering

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-335917
- JSON: https://secwatch.observer/filing/0001193125-25-335917.json
- Plain text: https://secwatch.observer/filing/0001193125-25-335917.txt

## Key facts
- Material Agreements
  MEDICINOVA INC entered into Sales Agreement with Lucid Capital Markets, LLC valued at $50,000,000 (effective 2025-12-29).
  - Action: entry
  - Agreement: atm program
  - Counterparty: Lucid Capital Markets, LLC
  - Value: $50,000,000
  - Effective: 2025-12-29
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1226616/000119312525335917/0001193125-25-335917-index.htm

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