{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-055700","form_type":"8-K","ticker":"ADIL","cik":"0001513525","company_name":"ADIAL PHARMACEUTICALS, INC.","filed_at":"2025-06-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.557785+00:00","generated_at":"2026-05-19T02:51:08.929674+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Adial Pharmaceuticals closes $3.6M public offering of common stock and warrants; amends existing warrants","bullets":["Gross proceeds of ~$3.6M from sale of 11.1M shares (or equivalents) plus Series D and E warrants at $0.3251/unit.","Series D warrants exercisable at $0.35, expire 5 years after stockholder approval; Series E warrants expire 18 months post-approval.","Existing Series B-1 and C-1 warrants amended: exercise price cut from $0.74 to $0.35, expiration extended to 2030 and 2026 respectively.","Offering closed June 18, 2025; net proceeds to be used for working capital and general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-055700","json":"https://secwatch.observer/filing/0001213900-25-055700.json","markdown":"https://secwatch.observer/filing/0001213900-25-055700.md","text":"https://secwatch.observer/filing/0001213900-25-055700.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1513525/000121390025055700/0001213900-25-055700-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1513525/000121390025055700/ea0246131-8k_adial.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T02:51:08.929674+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}