secwatch.observer — SEC 8-K summary
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Issuer:     Neuraxis, INC (NRXS)
CIK:        0001933567
Form:       8-K
Filed at:   2024-09-13T23:59:59+00:00
Accession:  0001493152-24-036212
Event type: other
Sentiment:  neutral
Materiality: 0.40
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Neuraxis converts $4.94M of convertible notes into 2.07M Series B Preferred shares
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- $4,935,001.90 of Preferred Stock Notes automatically converted into 2,073,524 Series B Preferred shares at $2.38/share.
- Conversion occurred on Sept 9, 2024 after stockholder approval on Aug 15, 2024 and filing of Certificate of Designation.
- Shares issued to Flagstaff International and other accredited investors; exempt from registration under Section 4(a)(2).
- Series B Preferred ranks senior to common stock on liquidation, convertible into common at any time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1933567/000149315224036212/0001493152-24-036212-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1933567/000149315224036212/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-036212

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