secwatch / observer
8-K filed April 8, 2024, 7:59 PM ET ticker WINT CIK 0000946486
other material confidence high sentiment neutral materiality 0.65

WINDTREE THERAPEUTICS INC /DE/ (WINT): debt financing — Windtree acquires Varian assets, issues $5.5M Series B Preferred and $1.5M convertible notes

WINDTREE THERAPEUTICS INC /DE/

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

WINDTREE THERAPEUTICS INC /DE/ incurred senior notes of $1.5 million with the buyers named therein at 10.0% per annum maturing January 2, 2025.

Instrument
senior notes
Principal
$1.5 million
Counterparty
the buyers named therein
Rate
10.0% per annum
Maturity
January 2, 2025
Event
incurrence
Exact text from the filing
the Company agreed to sell senior convertible notes in an aggregate principal amount of $1.5 million
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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

WINDTREE THERAPEUTICS INC /DE/: Filed Certificate of Designation establishing Series B Preferred Stock effective April 3, 2024 (effective 2024-04-03).

Change
charter amendment
Effective
2024-04-03
Exact text from the filing
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. Pursuant to the Asset Purchase Agreement, the Company filed the Certificate of Designation with the Secretary of State of the State of Delaware on April 2, 2024 for the purpose of establishing and designating the Series B Preferred Stock. The Certificate of Designation became effective on April 3, 2024.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

WINDTREE THERAPEUTICS INC /DE/ entered into Asset Purchase Agreement with Varian Biopharmaceuticals, Inc. valued at up to $2,300,000 (effective 2024-04-02).

Action
entry
Agreement
asset purchase
Counterparty
Varian Biopharmaceuticals, Inc.
Value
up to $2,300,000
Effective
2024-04-02
Exact text from the filing
On April 2, 2024, Windtree Therapeutics, Inc., a Delaware corporation (the “Company”), entered into an Asset Purchase Agreement (the “Asset Purchase Agreement”), by and between the Company and Varian Biopharmaceuticals, Inc., a Florida corporation (“Varian”).
View on SEC.gov

299 debt financings filed in the last 30 days. Browse all debt financings →

WINDTREE THERAPEUTICS INC /DE/ filing history →

Source: SEC EDGAR
accession 0001437749-24-011405
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