secwatch.observer — SEC 8-K summary
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Issuer:     Lightwave Logic, Inc. (LWLG)
CIK:        0001325964
Form:       8-K
Filed at:   2021-10-05T23:59:59+00:00
Accession:  0001553350-21-000879
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1325964/000155335021000879/0001553350-21-000879-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1325964/000155335021000879/lwlg_8k.htm
  HTML page:      https://secwatch.observer/filing/0001553350-21-000879

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