secwatch / observer
8-K filed April 22, 2024, 7:59 PM ET ticker SNGX CIK 0000812796
other material confidence high sentiment neutral materiality 0.75

Soligenix prices $4.75M public offering of common stock and warrants

SOLIGENIX, INC.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

SOLIGENIX, INC. entered into Placement Agency Agreement with A.G.P./Alliance Global Partners valued at cash fee of six and one-half percent (6.5%) of the gross proceeds of the Offering (effective 2024-04-17).

Action
entry
Agreement
underwriting
Counterparty
A.G.P./Alliance Global Partners
Value
cash fee of six and one-half percent (6.5%) of the gross proceeds of the Offering
Effective
2024-04-17
Exact text from the filing
A.G.P./Alliance Global Partners acted as the sole placement agent (the “Placement Agent”) on a “reasonable best efforts” basis in connection with the Offering pursuant to a Placement Agency Agreement, dated April 17, 2024, by and between the Company and the Placement Agent (the “Placement Agency Agreement”).
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

SOLIGENIX, INC. entered into Securities Purchase Agreement with certain investors valued at aggregate gross proceeds from the Offering are approximately $4.75 million (effective 2024-04-17).

Action
entry
Agreement
equity purchase
Counterparty
certain investors
Value
aggregate gross proceeds from the Offering are approximately $4.75 million
Effective
2024-04-17
Exact text from the filing
On April 17, 2024, Soligenix, Inc., a Delaware corporation (the “Company”) entered into a Securities Purchase Agreement with certain investors (the “Investors”), pursuant to which the Company agreed to issue and sell to the Investors in a public offering (the “Offering”) (i) 3,275,000 shares of the Company’s common stock, (ii) pre-funded warrants to purchase 8,600,000 shares of the Company’s common stock and (iii) common warrants to purchase 11,875,000 shares of the Company’s common stock.
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SOLIGENIX, INC. filing history →

Source: SEC EDGAR
accession 0001558370-24-005411
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