---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-133259"
form_type: "8-K"
ticker: "SCYX"
cik: "0001178253"
company_name: "SCYNEXIS INC"
filed_at: "2026-03-31T23:59:59+00:00"
generated_at: "2026-05-15T08:06:27.506233+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SCYNEXIS raises ~$40M in private placement; extends cash runway into mid-2029

## Summary
- Gross proceeds of ~$40M from sale of 34.75M shares and 8.75M pre-funded warrants at $0.92 per unit; up to $52.2M additional if warrants exercised.
- Common warrants exercisable at $1.20 per share, subject to stockholder approval; expire 5 years or 30 days after Week 48 data for SCY-770 in ADPKD.
- CEO David Angulo purchased 108,695 shares and warrants; proceeds to be used for working capital and general corporate purposes.
- Cash runway extended into mid-2029 based on current plans, including anticipated net proceeds from the private placement.

## SEC filing metadata
- accession: 0001193125-26-133259
- form_type: 8-K
- ticker: SCYX
- cik: 0001178253
- company_name: SCYNEXIS INC
- filed_at: 2026-03-31T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1178253/000119312526133259/0001193125-26-133259-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1178253/000119312526133259/d122408d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-133259
- JSON: https://secwatch.observer/filing/0001193125-26-133259.json
- Plain text: https://secwatch.observer/filing/0001193125-26-133259.txt

## Key facts
- Material Agreements
  SCYNEXIS INC entered into Securities Purchase Agreement with certain new and existing institutional and accredited investors valued at approximately $40.0 million (effective 2026-03-30).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain new and existing institutional and accredited investors
  - Value: approximately $40.0 million
  - Effective: 2026-03-30
  source text: On March 30, 2026, the Company entered into a Securities Purchase Agreement (the “Purchase Agreement”) with certain new and existing institutional and accredited investors (the “Investors”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1178253/000119312526133259/0001193125-26-133259-index.htm

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