---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-039440"
form_type: "8-K/A"
ticker: "RFL"
cik: "0001713863"
company_name: "Rafael Holdings, Inc."
filed_at: "2025-05-05T23:59:59+00:00"
generated_at: "2026-05-22T17:53:41.117426+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Rafael Holdings revises rights offering ratio to 0.603 shares per right at $1.28

## Summary
- Each subscription right now buys 0.603 Class B shares at $1.28, up from previously announced 0.526.
- Rights offering expected to raise approximately $25 million for development of Trappsol Cyclo.
- Record date May 9, 2025; subscription period runs May 13-29, 2025, 5 PM ET.
- Howard Jonas to execute Standby Purchase Agreement for any unsubscribed shares at same price.
- SEC registration statement effective April 29, 2025; offering made via prospectus supplement.

## SEC filing metadata
- accession: 0001213900-25-039440
- form_type: 8-K/A
- ticker: RFL
- cik: 0001713863
- company_name: Rafael Holdings, Inc.
- filed_at: 2025-05-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1713863/000121390025039440/0001213900-25-039440-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1713863/000121390025039440/ea0240611-8ka1_rafael.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-039440
- JSON: https://secwatch.observer/filing/0001213900-25-039440.json
- Plain text: https://secwatch.observer/filing/0001213900-25-039440.txt

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