---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-036845"
form_type: "8-K"
ticker: "RFL"
cik: "0001713863"
company_name: "Rafael Holdings, Inc."
filed_at: "2025-04-29T23:59:59+00:00"
generated_at: "2026-05-23T03:57:11.191497+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Rafael Holdings announces $25M rights offering at $1.28/share, backstopped by Chairman

## Summary
- Offering of up to $25M via non-transferable rights: each right buys 0.526 share at $1.28.
- Record date May 9, 2025; subscription period May 13-29, 2025.
- Howard Jonas, Executive Chairman, fully backstops any unsubscribed shares.
- Proceeds to fund potential launch of Trappsol Cyclo if positive interim Phase 3 data.
- SEC registration declared effective April 29, 2025; rights are non-transferable.

## SEC filing metadata
- accession: 0001213900-25-036845
- form_type: 8-K
- ticker: RFL
- cik: 0001713863
- company_name: Rafael Holdings, Inc.
- filed_at: 2025-04-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1713863/000121390025036845/0001213900-25-036845-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1713863/000121390025036845/ea0240038-8k_rafael.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-036845
- JSON: https://secwatch.observer/filing/0001213900-25-036845.json
- Plain text: https://secwatch.observer/filing/0001213900-25-036845.txt

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