secwatch.observer — SEC 8-K summary
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Issuer:     VivoSim Labs, INC. (VIVS)
CIK:        0001497253
Form:       8-K
Filed at:   2026-04-03T23:59:59+00:00
Accession:  0001193125-26-142106
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VivoSim prices up to $4M public offering, closes initial $3M tranche
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- Initial closing raised $3M at $1.14/share; 286,557 shares + 2,345,022 pre-funded warrants sold.
- Common warrants issued at 150% coverage, exercise price $1.71, expire 5 years from issuance.
- Second $1M tranche contingent on stock price >$1.43 and avg daily volume >$100K.
- Net proceeds ~$2.5M for working capital, R&D, and general corporate purposes.
- Joseph Gunnar & Co. placement agent with 7.5% cash fee and 131,579 placement agent warrants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1497253/000119312526142106/0001193125-26-142106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1497253/000119312526142106/vivs-20260331.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-142106

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