secwatch.observer — SEC 8-K summary
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Issuer:     Azitra, Inc. (AZTR)
CIK:        0001701478
Form:       8-K
Filed at:   2025-02-06T23:59:59+00:00
Accession:  0001493152-25-005106
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Azitra closes reduced $695K offering, issues warrants for 90% more shares
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- Offering reduced from $929,995 to $695,002 to comply with NYSE American rules; 2,495,518 shares sold.
- Investors receive warrants to purchase up to 2,245,967 shares (90% of shares purchased), exercisable after 6 months + 1 day, 5-year term.
- Warrant exercise price set at greater of book value or market value per NYSE American rules.
- Company grants investors a 2-year right to participate in future financings up to 12.5% of each offering.
- Warrants and underlying shares are unregistered, issued under Section 4(a)(2) and Regulation D.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1701478/000149315225005106/0001493152-25-005106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1701478/000149315225005106/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-005106

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