---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-011690"
form_type: "8-K"
ticker: "WINT"
cik: "0000946486"
company_name: "WINDTREE THERAPEUTICS INC /DE/"
filed_at: "2025-04-10T23:59:59+00:00"
generated_at: "2026-05-23T17:55:15.220455+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Windtree Therapeutics issues $312.5K in senior secured convertible notes at 20% OID for net proceeds of $250K

## Summary
- Aggregate principal $312,500 with 20% OID; net proceeds $250,000 from two institutional investors.
- Notes mature Jan 4, 2026; 10% interest payable monthly; mandatory prepayment of 25% of gross proceeds from future common stock purchase agreement with 120% premium.
- Conversion price $1.10 per share; anti-dilution adjustment if subsequent equity sales at lower price.
- Company must file registration statement on Form S-1 for resale of conversion shares within 20 days.
- Events of Default trigger additional interest of 2% per month (24% per annum).

## SEC filing metadata
- accession: 0001437749-25-011690
- form_type: 8-K
- ticker: WINT
- cik: 0000946486
- company_name: WINDTREE THERAPEUTICS INC /DE/
- filed_at: 2025-04-10T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/946486/000143774925011690/0001437749-25-011690-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/946486/000143774925011690/wint20250410_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-011690
- JSON: https://secwatch.observer/filing/0001437749-25-011690.json
- Plain text: https://secwatch.observer/filing/0001437749-25-011690.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.