secwatch.observer — SEC 8-K summary
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Issuer:     SCYNEXIS INC (SCYX)
CIK:        0001178253
Form:       8-K
Filed at:   2026-03-31T23:59:59+00:00
Accession:  0001193125-26-133259
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1178253/000119312526133259/0001193125-26-133259-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1178253/000119312526133259/d122408d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-133259

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