secwatch.observer — SEC 8-K summary
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Issuer:     Azitra, Inc. (AZTR)
CIK:        0001701478
Form:       8-K
Filed at:   2024-07-26T23:59:59+00:00
Accession:  0001493152-24-029228
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Azitra closes $10M public offering of 6.67M shares and warrants at $1.50/unit
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- Gross proceeds ~$10.0M; net proceeds ~$8.95M after placement agent fees and expenses.
- Offering: 6,665,000 common shares plus Class A warrants for 13.33M shares, priced at $1.50 per unit.
- Class A warrants exercisable at $1.50/share, subject to reset to as low as $0.32 on Aug 24, 2024.
- Maxim Group LLC acted as placement agent, receiving 7% cash fee and warrants for 266,600 shares at $1.875.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1701478/000149315224029228/0001493152-24-029228-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1701478/000149315224029228/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-029228

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