---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-041597"
form_type: "8-K"
ticker: "NRXS"
cik: "0001933567"
company_name: "Neuraxis, INC"
filed_at: "2024-10-18T23:59:59+00:00"
generated_at: "2026-05-30T12:51:07.953636+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Neuraxis cuts Flagstaff investment to $1.8M, raises $145k from new Series B preferred sale

## Summary
- Fourth Amendment reduces Flagstaff SPA total from $5M to $1.8M; $800k received, $1M due by Dec 31, 2024.
- New SPAs with multiple investors for 60,924 Series B Preferred shares at $2.38/share, aggregate $145k.
- Series B Preferred convertible into common at any time; dividend/liquidation rights expire June 30, 2025.
- Proceeds from the new SPAs to be used for working capital and general corporate purposes.
- Flagstaff SPA termination terms revised; automatic upon full payment or breach with cure through Jan 9, 2025.

## SEC filing metadata
- accession: 0001493152-24-041597
- form_type: 8-K
- ticker: NRXS
- cik: 0001933567
- company_name: Neuraxis, INC
- filed_at: 2024-10-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1933567/000149315224041597/0001493152-24-041597-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1933567/000149315224041597/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-041597
- JSON: https://secwatch.observer/filing/0001493152-24-041597.json
- Plain text: https://secwatch.observer/filing/0001493152-24-041597.txt

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