secwatch.observer — SEC 8-K summary
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Issuer:     Alpha Cognition Inc. (ACOG)
CIK:        0001655923
Form:       8-K
Filed at:   2024-09-25T23:59:59+00:00
Accession:  0001213900-24-081586
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alpha Cognition raises $4.545M via senior convertible notes and warrants
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- Gross proceeds of $4.545M from sale of senior convertible notes (10% interest, maturity Sept 2026) and warrants.
- Initial conversion/exercise price of $0.422 per share; warrants cover 10,770,133 shares with 5-year term.
- Proceeds for general corporate purposes and to meet payments under promissory note with Neurodyn Life Sciences Inc.
- Benchmark Company acted as sole placement agent; securities sold under Rule 506(b) of Regulation D.
- Registration rights agreement requires filing of resale registration statement for conversion/warrant shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1655923/000121390024081586/0001213900-24-081586-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1655923/000121390024081586/ea0215576-8k_alpha.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-081586

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