---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-018231"
form_type: "8-K"
ticker: "MLSS"
cik: "0000855683"
company_name: "MILESTONE SCIENTIFIC INC."
filed_at: "2026-04-21T23:59:59+00:00"
generated_at: "2026-05-15T05:14:03.234473+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Milestone Scientific closes $2.15M private placement of units at $0.27/unit

## Summary
- Issued 7,962,963 units, each consisting of one common share and one warrant (exercise $0.3375, 3-yr term).
- Gross proceeds $2.15M: $1.80M cash + $0.351M conversion of director/officer bridge notes; no placement agent.
- Directors and officers purchased $150K cash units and converted $351K bridge notes on same terms as investors.
- Proceeds for working capital and past due payables; additional $2.69M if warrants fully exercised.
- 12-month lock-up agreements for directors, officers, and certain stockholders.

## SEC filing metadata
- accession: 0001493152-26-018231
- form_type: 8-K
- ticker: MLSS
- cik: 0000855683
- company_name: MILESTONE SCIENTIFIC INC.
- filed_at: 2026-04-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/855683/000149315226018231/0001493152-26-018231-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/855683/000149315226018231/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-018231
- JSON: https://secwatch.observer/filing/0001493152-26-018231.json
- Plain text: https://secwatch.observer/filing/0001493152-26-018231.txt

## Source-grounded claims
- claim_id: 145b02728c8703acf0e452f7d8912402528fb4ae
  claim: MILESTONE SCIENTIFIC INC. entered into Purchase Agreement with the purchasers named therein (the "Purchasers") valued at $2,150,000 (effective 2026-04-20).
  evidence_excerpt: On April 20, 2026, Milestone Scientific Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with the purchasers named therein (the “Purchasers”), for the private placement (the “Private Placement”) of an aggregate of 7,962,963 units (the “Units”), with each Unit consisting of (i) one share of the Company’s common stock, par value $0.001 per share (the “Common Stock”), and (ii) one warrant to purchase one share of Common Stock (each, a “Warrant”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/855683/000149315226018231/0001493152-26-018231-index.htm

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