other_material
confidence high
sentiment positive
materiality 0.75
Cingulate closes $6.5M private placement tranche; issues shares for debt
Cingulate Inc.
- Completed portion of private placement for gross proceeds of $6.5M on Feb 6, 2026; remaining $5.5M expected to close soon.
- Issued 361,409 shares to a lender from Jan 6 to Feb 5, 2026, in exchange for debt, at prices from $4.35 to $6.01 per share.
- All issuances were exempt from registration under Section 3(a)(9) of the Securities Act.
- Private placement was previously announced in Form 8-K dated January 28, 2026.
item 3.02item 8.01