---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-046285"
form_type: "8-K"
ticker: "NRXS"
cik: "0001933567"
company_name: "Neuraxis, INC"
filed_at: "2024-11-15T23:59:59+00:00"
generated_at: "2026-05-29T23:58:22.221107+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Neuraxis raises ~$5M through Series B Convertible Preferred Stock to three investors

## Summary
- Sold 2,100,840 shares of Series B Preferred Stock at $2.38 stated value for aggregate $5M, closed Nov 13, 2024.
- Preferred ranks senior to common, convertible at any time into common shares; proceeds for working capital.
- Registration rights require filing resale statement within 30 days; 1% monthly late penalty up to 6% of subscription amount, plus 18% interest if unpaid.
- Investor board nominee Gil Aharon to join Board effective Jan 1, 2025, as long as investor holds ≥5% of outstanding shares.

## SEC filing metadata
- accession: 0001493152-24-046285
- form_type: 8-K
- ticker: NRXS
- cik: 0001933567
- company_name: Neuraxis, INC
- filed_at: 2024-11-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1933567/000149315224046285/0001493152-24-046285-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1933567/000149315224046285/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-046285
- JSON: https://secwatch.observer/filing/0001493152-24-046285.json
- Plain text: https://secwatch.observer/filing/0001493152-24-046285.txt

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