---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-409169"
form_type: "8-K"
ticker: "BSEM"
cik: "0001658678"
company_name: "BioStem Technologies, Inc."
filed_at: "2026-09-30T20:48:24+00:00"
generated_at: "2026-10-12T14:08:21.947970+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BioStem raises $3M private placement at $4.08/share; $10M BioTissue clearance payment due Sept 15 unpaid

## Summary
- Private placement of 735,296 shares at $4.08 plus Series A and Series B warrants for 735,296 shares each at $3.83; aggregate gross proceeds ~$3.0 million; closed September 30, 2026.
- Series A warrants expire five years and Series B warrants 24 months after effectiveness of the resale registration statement; full cash exercise would add roughly $5.6 million.
- H.C. Wainwright & Co. is exclusive placement agent, receiving a 7.0% cash fee plus 18,382 placement agent warrants exercisable at $6.12 per share.
- $10.0M Clearance Payment to BioTissue for Catalyze 510(k) clearance (received June 2026) was due Sept 15, 2026 and remains unpaid; company in talks on timing and terms.
- Resale registration statement due within 30 days, effectiveness targeted within 45 days (75 if SEC full review); warrants carry 4.99%/9.99% beneficial ownership blockers.

## SEC filing metadata
- accession: 0001193125-26-409169
- form_type: 8-K
- ticker: BSEM
- cik: 0001658678
- company_name: BioStem Technologies, Inc.
- filed_at: 2026-09-30T20:48:24+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1658678/000119312526409169/0001193125-26-409169-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1658678/000119312526409169/bsem-20260929.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-409169
- JSON: https://secwatch.observer/filing/0001193125-26-409169.json
- Plain text: https://secwatch.observer/filing/0001193125-26-409169.txt

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