---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-012623"
form_type: "8-K"
ticker: "VXRT"
cik: "0000072444"
company_name: "Vaxart, Inc."
filed_at: "2026-04-17T23:59:59+00:00"
generated_at: "2026-05-15T05:39:15.947287+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Vaxart enters $25M equity purchase agreement with Lincoln Park Capital

## Summary
- Vaxart can sell up to $25M of common stock to Lincoln Park over 24 months at its discretion.
- Lincoln Park is obligated to purchase shares at 97% of market price; no upper price limit.
- Vaxart issued 447,067 commitment shares to Lincoln Park as consideration for the agreement.
- No warrants, rights of first refusal, or participation rights; Lincoln Park barred from short sales.

## SEC filing metadata
- accession: 0001437749-26-012623
- form_type: 8-K
- ticker: VXRT
- cik: 0000072444
- company_name: Vaxart, Inc.
- filed_at: 2026-04-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/72444/000143774926012623/0001437749-26-012623-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72444/000143774926012623/vxrt20260417_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-012623
- JSON: https://secwatch.observer/filing/0001437749-26-012623.json
- Plain text: https://secwatch.observer/filing/0001437749-26-012623.txt

## Source-grounded claims
- claim_id: 15135cc63c1cb92fa1cf20ba686d9f12c98b80f6
  claim: Vaxart, Inc. entered into Purchase Agreement with Lincoln Park Capital Fund, LLC valued at up to $25.0 million (effective 2026-04-16).
  evidence_excerpt: On April 16, 2026, Vaxart, Inc. (the “Company”) entered into a purchase agreement (the “ Purchase Agreement ”) and a registration rights agreement (the “ Registration Rights Agreement ”), with Lincoln Park Capital Fund, LLC (“ Lincoln Park ”), pursuant to which Lincoln Park committed to purchase up to $25.0 million of the Company’s common stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/72444/000143774926012623/0001437749-26-012623-index.htm

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