secwatch.observer — SEC 8-K summary
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Issuer:     BioCardia, Inc. (BCDA)
CIK:        0000925741
Form:       8-K
Filed at:   2025-04-23T23:59:59+00:00
Accession:  0001437749-25-012828
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BioCardia raises $775k in private placement of common stock and warrants
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- Gross proceeds of ~$775k from sale of 406,818 shares and 406,818 warrants at $1.905/unit.
- Warrants exercisable at $1.905/share, expire Apr 23, 2030 or upon Japan PMDA approval of CardiAMP.
- Directors/executives invest $575k total: Andrew Blank $250k, Simon Stertzer $200k, Peter Altman $50k, others.
- Net proceeds to be used for general corporate purposes; closing expected Apr 23, 2025.
- Company agrees to file resale registration statement by May 3, 2025 for shares and warrant shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/925741/000143774925012828/0001437749-25-012828-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/925741/000143774925012828/bcda20250423_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-012828

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