---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-045436"
form_type: "8-K"
ticker: "NRXS"
cik: "0001933567"
company_name: "Neuraxis, INC"
filed_at: "2023-12-19T23:59:59+00:00"
generated_at: "2026-06-07T10:52:57.051604+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Neuraxis lowers warrant exercise price to $2.38; SPA not yet closed

## Summary
- Exercise price of all warrants reduced from $5.25 to $2.38 per share due to SPA with Flagstaff International.
- SPA for Series B Preferred Stock at $2.38/share has not been paid or issued as of Dec 19, 2023.
- New 2023 warrants for 609,760 shares and PA warrants for 144,990 shares not yet issued.
- 2022 warrant share count unchanged (793,655 shares); total warrants ~1.42M shares at new lower price.

## SEC filing metadata
- accession: 0001493152-23-045436
- form_type: 8-K
- ticker: NRXS
- cik: 0001933567
- company_name: Neuraxis, INC
- filed_at: 2023-12-19T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1933567/000149315223045436/0001493152-23-045436-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1933567/000149315223045436/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-045436
- JSON: https://secwatch.observer/filing/0001493152-23-045436.json
- Plain text: https://secwatch.observer/filing/0001493152-23-045436.txt

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