secwatch.observer — SEC 8-K summary
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Issuer:     PULSE BIOSCIENCES, INC. (PLSE)
CIK:        0001625101
Form:       8-K
Filed at:   2024-12-26T23:59:59+00:00
Accession:  0001437749-24-038302
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pulse Biosciences redeems 150% warrants; $16.50 VWAP trigger met over 20 days
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- VWAP exceeded $16.50 for 20 consecutive trading days; average VWAP of $18.85 during period.
- Redemption date Feb 5, 2025; exercise price $11.00; unexercised warrants redeemed for $0.01.
- If all warrants exercised, company receives additional $66M gross proceeds (total $60M from rights offering).
- Second tranche (200% warrants) not being redeemed at this time.
- Warrants issued in July 2024 rights offering; notice to be delivered Dec 27, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1625101/000143774924038302/0001437749-24-038302-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1625101/000143774924038302/plse20241223_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-038302

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