secwatch.observer — SEC 8-K summary
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Issuer:     Equillium, Inc. (EQ)
CIK:        0001746466
Form:       8-K
Filed at:   2026-03-13T23:59:59+00:00
Accession:  0001193125-26-105083
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Equillium raises ~$35M in private placement with RA Capital to fund EQ504
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- Issued 1,179,508 shares at $1.854/share and pre-funded warrant for up to 17,698,593 shares at $0.0001 exercise price.
- Gross proceeds of approximately $35.0 million from RA Capital Healthcare Fund, L.P.
- Closing expected on or about March 13, 2026, subject to customary conditions.
- Net proceeds to fund development of EQ504 and for working capital and general corporate purposes.
- Registration rights agreement to be filed with SEC within 30 days of closing; cash penalties for registration failures.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1746466/000119312526105083/0001193125-26-105083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1746466/000119312526105083/d125584d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-105083

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