secwatch.observer — SEC 8-K summary
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Issuer:     WINDTREE THERAPEUTICS INC /DE/ (WINT)
CIK:        0000946486
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0001437749-25-013630
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Windtree raises $2.5M via Series D convertible preferred at $1.368/share conversion price
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- Private placement of 3,125 Series D convertible preferred shares for aggregate gross proceeds of approximately $2.5 million.
- Conversion price set at $1.368 per share; 10% annual dividend (18% upon trigger events).
- Company will seek stockholder approval for common shares issuable upon conversion.
- 90-day restriction on further equity issuances; mandatory redemption of existing Series C preferred and notes from future equity line proceeds.
- Registration rights agreement requires filing resale registration statement within 15 days of closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946486/000143774925013630/0001437749-25-013630-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946486/000143774925013630/wint20250429_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-013630

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