secwatch.observer — SEC 8-K summary
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Issuer:     60 DEGREES PHARMACEUTICALS, INC. (SXTP)
CIK:        0001946563
Form:       8-K
Filed at:   2025-02-06T23:59:59+00:00
Accession:  0001213900-25-010962
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

60 Degrees Pharma raises $1.075M in registered direct offering plus warrants
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- Gross proceeds of $1.075 million from registered direct offering of 1,503,500 shares at $0.715 per share.
- Concurrent private placement of warrants to buy 1,503,500 shares at $0.59 per share, exercisable for 24 months.
- Net proceeds of approximately $908,627 after fees; total ~$2.118M raised from offerings since start of 2025.
- H.C. Wainwright acted as exclusive placement agent and received fees and warrants (112,763 warrants at $0.8938).
- Proceeds to be used for working capital and general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1946563/000121390025010962/0001213900-25-010962-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1946563/000121390025010962/ea0230228-8k_60degrees.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-010962

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