---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-027328"
form_type: "8-K"
ticker: "NRXS"
cik: "0001933567"
company_name: "Neuraxis, INC"
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T23:37:28.168269+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Neuraxis prices IPO of 1,098,667 shares at $6.00, raising ~$6.6M gross

## Summary
- Pricing of 1,098,667 shares at $6.00 per share; gross proceeds expected ~$6,592,000.
- Shares begin trading Aug 9, 2023 on NYSE American under symbol NRXS; closing expected Aug 11.
- Underwriters have 45-day option to purchase up to 164,800 additional shares at the offering price.
- Net proceeds to fund sales/marketing, R&D, payments to executives per employment agreements, and general corporate.
- Alexander Capital L.P. is sole book-running manager for the offering.

## SEC filing metadata
- accession: 0001493152-23-027328
- form_type: 8-K
- ticker: NRXS
- cik: 0001933567
- company_name: Neuraxis, INC
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1933567/000149315223027328/0001493152-23-027328-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1933567/000149315223027328/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-027328
- JSON: https://secwatch.observer/filing/0001493152-23-027328.json
- Plain text: https://secwatch.observer/filing/0001493152-23-027328.txt

## Key facts
- Material Agreements
  Neuraxis, INC entered into Underwriting Agreement with Alexander Capital, L.P. (effective 2023-08-08).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Alexander Capital, L.P.
  - Effective: 2023-08-08
  source text: we entered into an Underwriting Agreement (“Underwriting Agreement”), dated August 8, 2023, with Alexander Capital, L.P. as representative of the underwriters named therein.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1933567/000149315223027328/0001493152-23-027328-index.htm

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