---
schema_version: "secwatch.filing_event.v1"
accession: "0001553350-21-000879"
form_type: "8-K"
ticker: "LWLG"
cik: "0001325964"
company_name: "Lightwave Logic, Inc."
filed_at: "2021-10-05T23:59:59+00:00"
generated_at: "2026-06-28T22:52:14.239850+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Lightwave Logic enters $33M equity line of credit with Lincoln Park Capital

## Summary
- Up to $33M of common stock can be sold to Lincoln Park over 36 months.
- Initial purchase of 327,511 shares at $9.16/share plus 30,312 commitment shares issued as fee.
- Regular purchases up to 250K shares/day at price = lesser of day's low or avg of three lowest closes over prior 10 BDs.
- Accelerated purchases allow up to 3x regular amount or 30% of volume at 96.5% of VWAP or closing price.
- Proceeds to be used for working capital and general corporate purposes.

## SEC filing metadata
- accession: 0001553350-21-000879
- form_type: 8-K
- ticker: LWLG
- cik: 0001325964
- company_name: Lightwave Logic, Inc.
- filed_at: 2021-10-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1325964/000155335021000879/0001553350-21-000879-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1325964/000155335021000879/lwlg_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001553350-21-000879
- JSON: https://secwatch.observer/filing/0001553350-21-000879.json
- Plain text: https://secwatch.observer/filing/0001553350-21-000879.txt

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