secwatch.observer — SEC 8-K summary
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Issuer:     Neuraxis, INC (NRXS)
CIK:        0001933567
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001493152-23-027328
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1933567/000149315223027328/0001493152-23-027328-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1933567/000149315223027328/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-027328

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