---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-060635"
form_type: "8-K"
ticker: "ONCO"
cik: "0001782107"
company_name: "Onconetix, Inc."
filed_at: "2024-07-11T23:59:59+00:00"
generated_at: "2026-05-31T21:48:39.115955+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Onconetix raises $1.1M via warrant exercise inducement; issues 22.4M new warrants at $0.15

## Summary
- Existing warrants for 7,458,642 shares exercised at reduced price of $0.15 (original $1.09-$2.546).
- Gross proceeds of ~$1.118M; net proceeds for working capital and general corporate purposes.
- New inducement warrants issued to purchase 22,375,926 shares at $0.15, subject to stockholder approval.
- One-third of new warrants have 5-year term, two-thirds have 24-month term from approval.
- H.C. Wainwright acted as exclusive placement agent; closing expected July 12, 2024.

## SEC filing metadata
- accession: 0001213900-24-060635
- form_type: 8-K
- ticker: ONCO
- cik: 0001782107
- company_name: Onconetix, Inc.
- filed_at: 2024-07-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1782107/000121390024060635/0001213900-24-060635-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1782107/000121390024060635/ea0209277-8k_onconetix.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-060635
- JSON: https://secwatch.observer/filing/0001213900-24-060635.json
- Plain text: https://secwatch.observer/filing/0001213900-24-060635.txt

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