secwatch.observer — SEC 8-K summary
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Issuer:     Canton Strategic Holdings, Inc. (CNTN)
CIK:        0001861657
Form:       8-K
Filed at:   2024-06-20T23:59:59+00:00
Accession:  0001493152-24-024516
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tharimmune announces $2.08M private placement; 659K shares & warrants at $3.16/unit
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- Gross proceeds of ~$2.08M from sale of 659,545 shares (or equivalents) and warrants to purchase 329,771 shares.
- Warrants exercisable at $3.09 per share beginning 6 months after issuance, expiring 5.5 years later.
- Closing expected June 21, 2024; led by SDS Capital Group and Gravitas Capital.
- Net proceeds to fund clinical development and working capital, including TH104 program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1861657/000149315224024516/0001493152-24-024516-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1861657/000149315224024516/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-024516

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