secwatch.observer — SEC 8-K summary
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Issuer:     Neuraxis, INC (NRXS)
CIK:        0001933567
Form:       8-K
Filed at:   2023-12-19T23:59:59+00:00
Accession:  0001493152-23-045436
Event type: other_material
Sentiment:  negative
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1933567/000149315223045436/0001493152-23-045436-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1933567/000149315223045436/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-045436

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