secwatch.observer — SEC 8-K summary
======================================

Issuer:     Onterris, Inc. (ONT)
CIK:        0001643615
Form:       8-K/A
Filed at:   2026-08-10T20:31:39+00:00
Accession:  0001193125-26-342500
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 1.01, 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Onterris adopts shareholder rights plan (poison pill) with 15% trigger and $105 exercise price
--------------------------------------------------------------------------------

- Board declared one preferred share purchase Right per common share, payable Aug 17, 2026 to holders of record.
- Each Right buys 1/1000th of Series B Preferred at $105.00, subject to adjustment.
- Rights separate upon 15% beneficial ownership acquisition (Acquiring Person); flip-in allows 2x exercise value.
- Rights expire Aug 4, 2027; redeemable at $0.001 per Right by Board before trigger.
- Amendment No. 1 removes previously included Item 8.01 and Exhibit 99.1; other terms unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1643615/000119312526342500/0001193125-26-342500-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1643615/000119312526342500/ont-20260805.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-342500

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