secwatch.observer — SEC 8-K summary
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Issuer:     WINDTREE THERAPEUTICS INC /DE/ (WINT)
CIK:        0000946486
Form:       8-K
Filed at:   2025-06-27T23:59:59+00:00
Accession:  0001437749-25-021453
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 1.02, 3.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Windtree terminates $3M earnest money real estate deal; CFO resigns; raises $150K
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- On June 24, 2025, Windtree terminated the Purchase Agreement for the Aubrey property; TBB CPD demands $3M earnest money; company disputes.
- CFO Jamie McAndrew resigned effective June 25, 2025; no disagreement; CEO Jed Latkin assumes interim principal financial officer role.
- Issued two convertible notes for $150K gross proceeds; 14% interest, 12-month maturity; conversion price $0.587; warrants for 75% of purchase price.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946486/000143774925021453/0001437749-25-021453-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946486/000143774925021453/wint20250627_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-021453

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