secwatch.observer — SEC 8-K summary
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Issuer:     Tempest Therapeutics, Inc. (TPST)
CIK:        0001544227
Form:       8-K
Filed at:   2026-03-23T23:59:59+00:00
Accession:  0001193125-26-118618
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tempest Therapeutics raises ~$2M in private placement of stock and warrants
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- Raised ~$2M gross from private placement of 462,964 shares + pre-funded warrants at $2.16 per unit.
- Issued Series A (5-yr) and Series B (24-mo) warrants exercisable at $2.16; exercisable upon stockholder approval.
- Proceeds to be used for working capital; closing expected March 23, 2026.
- Registration rights agreement requires filing resale registration within 15 days.
- H.C. Wainwright served as placement agent; fees of 6% (institutional) and 3% (strategic).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1544227/000119312526118618/0001193125-26-118618-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1544227/000119312526118618/d85035d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-118618

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer