secwatch / observer
8-K filed March 23, 2026, 7:59 PM ET ticker RNXT CIK 0001574094
other material confidence high sentiment positive materiality 0.70

RenovoRx raises $10M via common stock and milestone warrants in oversubscribed offering

RenovoRx, Inc.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

RenovoRx, Inc. issued 5,319,392 shares of Common Stock of warrant to 15 accredited investors or qualified institutional buyers for exercise price equal to $1.751 per share for the Institutional Investors and $1.9326 for the Insiders.

Security
warrant
Shares
5,319,392 shares of Common Stock
Purchaser
15 accredited investors or qualified institutional buyers
Consideration
exercise price equal to $1.751 per share for the Institutional Investors and $1.9326 for the Insiders
Exact text from the filing
product sales) for any calendar quarter in a quarterly or annual report. The Milestone Warrants will entitle the holder to purchase Warrant Shares at an exercise price equal to $1.751 per share for the Institutional Investors and $1.9326 for the Insiders. The Milestone Warrants are subject to a beneficial ownership limitation, preventing any holder from
View on SEC.gov
Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

RenovoRx, Inc. issued 2,200,000 shares of Common Stock of warrant to 15 accredited investors or qualified institutional buyers for price per share of Common Stock being sold to the Institutional Investors in the Offering, minus $0.0001.

Security
warrant
Shares
2,200,000 shares of Common Stock
Purchaser
15 accredited investors or qualified institutional buyers
Consideration
price per share of Common Stock being sold to the Institutional Investors in the Offering, minus $0.0001
Exact text from the filing
Securities Purchase Agreement, in connection with the Offering, the Company sold to the Investors an aggregate of: (i) 8,438,790 shares (the “Shares”) of common stock, par value $0.0001 per share, of the Company (the “Common Stock”), (ii) pre-funded warrants to purchase an aggregate of 2,200,000 shares of Common Stock (the “Pre-Funded Warrants”) and (iii)
View on SEC.gov
Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

RenovoRx, Inc. issued 8,438,790 shares of common stock to 15 accredited investors or qualified institutional buyers for $0.938 per Share.

Security
common stock
Shares
8,438,790 shares
Purchaser
15 accredited investors or qualified institutional buyers
Consideration
$0.938 per Share
Exact text from the filing
and Milestone Warrants are referred to herein as the “Warrant Shares.” The purchase price paid by the Institutional Investors for each Share and related Milestone Warrant was $0.938. To comply with Nasdaq Stock Market rules, the purchase price paid by the Insiders for each Share and related Milestone Warrant was $1.0288. The Securities Purchase Agreement
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

RenovoRx, Inc. entered into Securities Purchase Agreement with 15 accredited investors or qualified institutional buyers valued at aggregate gross proceeds of approximately $10 million (effective 2026-03-17).

Action
entry
Agreement
equity purchase
Counterparty
15 accredited investors or qualified institutional buyers
Value
aggregate gross proceeds of approximately $10 million
Effective
2026-03-17
Exact text from the filing
On March 17, 2026, RenovoRx, Inc., a Delaware corporation (the “Company”), entered into a securities purchase agreement (the “Securities Purchase Agreement”) in connection with a private placement offering by the Company (the “Offering”) to 15 accredited investors or qualified institutional buyers (the “Investors”), five of whom are directors, officers or employees of the Company (the “Insiders”) and the remaining are non-affiliated institutional investors (the “Institutional Investors”).
View on SEC.gov

Browse all equity issuances →

RenovoRx, Inc. filing history →

Source: SEC EDGAR
accession 0001493152-26-012058
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.