secwatch.observer — SEC 8-K summary
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Issuer:     Celcuity Inc. (CELC)
CIK:        0001603454
Form:       8-K
Filed at:   2023-10-23T23:59:59+00:00
Accession:  0001493152-23-038005
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Celcuity raises $50M via private placement of pre-funded warrants
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- Gross proceeds of ~$50M from sale of pre-funded warrants to institutional investor.
- Warrants purchase up to 5,747,787 shares at $8.70 each, exercise price $0.001/share.
- Net proceeds to advance clinical development of gedatolisib and for general corporate purposes.
- Warrants immediately exercisable; resale registration statement to be filed within 30 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1603454/000149315223038005/0001493152-23-038005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1603454/000149315223038005/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-038005

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