{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-004298","form_type":"8-K","ticker":"PCSA","cik":"0001533743","company_name":"Processa Pharmaceuticals, Inc.","filed_at":"2025-01-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.919053+00:00","generated_at":"2026-05-27T05:18:05.934299+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Processa closes $5M public offering; Series A/B warrants at $0.65 exercise price","bullets":["Gross proceeds of $5.0M from offering closed Jan 29, 2025; net proceeds for general corporate purposes.","Offered 8,050,672 shares (or pre-funded warrants) at combined price of $0.615 (institutions) / $0.7975 (CEO/board) with Series A and B warrants.","Series A warrants exercisable at $0.65 for 5 years, Series B at $0.65 for 18 months, both subject to stockholder approval.","CEO and certain board members participated alongside a healthcare-focused institutional investor; A.G.P. acted as sole placement agent.","Company to seek stockholder approval within 90 days for warrant share issuance; otherwise will call meetings every 90 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-004298","json":"https://secwatch.observer/filing/0001493152-25-004298.json","markdown":"https://secwatch.observer/filing/0001493152-25-004298.md","text":"https://secwatch.observer/filing/0001493152-25-004298.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1533743/000149315225004298/0001493152-25-004298-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1533743/000149315225004298/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T05:18:05.934299+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}