Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
NEXGEL, INC. incurred convertible notes of aggregate original principal amount of $1,210,000 with certain accredited investors.
- Instrument
- convertible notes
- Principal
- aggregate original principal amount of $1,210,000
- Counterparty
- certain accredited investors
- Event
- incurrence
Exact text from the filing
investors (the “ Buyers ”), pursuant to which the Company issued and sold to the Buyers (i) unsecured convertible promissory notes in the aggregate original principal amount of $1,210,000 (the “ Notes ”) and (ii) warrants to purchase shares of the Company’s common stock, par value $0.001 per share (the “ Common Stock ”), exercisable for an aggregate of 1,008,334
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
NEXGEL, INC. entered into Securities Purchase Agreement with certain accredited investors valued at aggregate gross proceeds to the Company of $1,210,000 (effective 2026-05-11).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- certain accredited investors
- Value
- aggregate gross proceeds to the Company of $1,210,000
- Effective
- 2026-05-11
Exact text from the filing
Between May 11, 2026 and May 14, 2026, NexGel, Inc. (the “ Company ”) entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with certain accredited investors (the “ Buyers ”), pursuant to which the Company issued and sold to the Buyers (i) unsecured convertible promissory notes in the aggregate original principal amount of $1,210,000 (the “ Notes ”) and (ii) warrants to purchase shares of the Company’s common stock, par value $0.001 per share (the “ Common Stock ”), exercisable for an aggregate of 1,008,334 shares of Common Stock (the “ Warrants ”), in a private placement (the “ Offering ”) for aggregate gross proceeds to the Company of $1,210,000.
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