secwatch.observer — SEC 8-K summary
======================================

Issuer:     Onconetix, Inc. (ONCO)
CIK:        0001782107
Form:       8-K
Filed at:   2025-09-26T23:59:59+00:00
Accession:  0001213900-25-091966
Event type: other_material
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 1.02, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud

Onconetix raises $12.9M via Series D convertible preferred stock and warrants in PIPE financing
--------------------------------------------------------------------------------

- Company sold 16,099 shares of Series D convertible preferred stock and warrants to purchase 4,362,827 shares of common stock to eleven institutional investors.
- Aggregate purchase price of approximately $12.9 million, with about $9.3 million in cash and the balance offsetting amounts owed to Veru Inc. and others.
- Series D preferred stock has a stated value of $1,000 per share, convertible into common stock at an initial conversion price of $3.6896 per share.
- Company entered into a registration rights agreement with the PIPE investors for resale of underlying common shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1782107/000121390025091966/0001213900-25-091966-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1782107/000121390025091966/ea0258830-8k_onconetix.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-091966

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