secwatch.observer — SEC 8-K summary
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Issuer:     WINDTREE THERAPEUTICS INC /DE/ (WINT)
CIK:        0000946486
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0001437749-23-004203
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 3.02, 3.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Windtree Therapeutics enters warrant inducement agreement; receives ~$157K from exercise of existing warrants
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- Reduced exercise price of existing warrants to $0.1411 per share; holder exercises 1,112,308 shares for ~$157K.
- Issued new warrants to purchase up to 2,224,616 shares at $0.2152, exercisable after 6 months, expiring 5 years later.
- Engaged Ladenburg Thalmann as placement agent; fees of 8% of gross proceeds plus 1% management fee.
- New warrants have 19.99% beneficial ownership limitation; resale registration statement to be filed within 90 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946486/000143774923004203/0001437749-23-004203-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946486/000143774923004203/wint20230222_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-004203

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