secwatch.observer — SEC 8-K summary
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Issuer:     Rafael Holdings, Inc. (RFL)
CIK:        0001713863
Form:       8-K/A
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0001213900-23-062613
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Rafael Holdings buys $5M of Cyclo Therapeutics shares and warrants
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- Purchased 4,000,000 Cyclo common shares and a 7-year warrant for 4,000,000 more at $1.25 strike for $5M total.
- The closing occurred on August 1, 2023 after Cyclo obtained stockholder approval on July 31, 2023.
- This adds to an April 2023 purchase of 2,514,970 Cyclo shares and warrants at $0.71 strike.
- The investment is part of a Securities Purchase Agreement first disclosed in the June 5, 2023 8-K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1713863/000121390023062613/0001213900-23-062613-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1713863/000121390023062613/ea182791-8ka1_rafaelhold.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-062613

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