secwatch.observer — SEC 8-K summary
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Issuer:     Longeveron Inc. (LGVN)
CIK:        0001721484
Form:       8-K
Filed at:   2024-06-18T23:59:59+00:00
Accession:  0001213900-24-053828
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Longeveron raises $4.4M from warrant exercise, issues new warrants to fund Lomecel-B development
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- Gross proceeds of $4.4M from exercise of 1,697,891 existing warrants at $2.35/share.
- Issued new unregistered warrants to purchase up to 3,395,782 shares at $2.50, 24-month term.
- Proceeds for Lomecel-B development (HLHS, Alzheimer's) and general corporate purposes.
- H.C. Wainwright acted as exclusive placement agent; fees include 7% cash fee and warrants.
- Closing occurred June 18, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1721484/000121390024053828/0001213900-24-053828-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1721484/000121390024053828/ea0208028-8k_longeve.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-053828

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