---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-013453"
form_type: "8-K"
ticker: "CING"
cik: "0001862150"
company_name: "Cingulate Inc."
filed_at: "2023-04-25T23:59:59+00:00"
generated_at: "2026-06-16T16:53:14.317903+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cingulate enters up to $12M equity purchase agreement with Lincoln Park Capital

## Summary
- Up to $12M of common stock may be sold to Lincoln Park over 36 months at the Company's sole discretion.
- 368,023 commitment shares issued as consideration; Exchange cap of 2,260,751 shares (19.99% of outstanding).
- Lincoln Park agrees not to engage in short sales; beneficial ownership capped at 4.99%.
- Proceeds to fund operations, R&D of CTx-1301, CTx-1302, CTx-2103, and working capital.
- Company controls timing and amount of sales; no obligation to sell shares to Lincoln Park.

## SEC filing metadata
- accession: 0001493152-23-013453
- form_type: 8-K
- ticker: CING
- cik: 0001862150
- company_name: Cingulate Inc.
- filed_at: 2023-04-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1862150/000149315223013453/0001493152-23-013453-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1862150/000149315223013453/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-013453
- JSON: https://secwatch.observer/filing/0001493152-23-013453.json
- Plain text: https://secwatch.observer/filing/0001493152-23-013453.txt

## Key facts
- Material Agreements
  Cingulate Inc. entered into Purchase Agreement with Lincoln Park Capital Fund, LLC valued at up to $12.0 million (effective 2023-04-24).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Lincoln Park Capital Fund, LLC
  - Value: up to $12.0 million
  - Effective: 2023-04-24
  source text: On April 24, 2023, Cingulate 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 has committed to purchase up to $12.0 million of the Company’s common stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1862150/000149315223013453/0001493152-23-013453-index.htm

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