---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-013257"
form_type: "8-K"
ticker: "SNGX"
cik: "0000812796"
company_name: "SOLIGENIX, INC."
filed_at: "2024-10-11T23:59:59+00:00"
generated_at: "2026-05-30T16:04:05.866734+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Soligenix amends loan deal with Pontifax; conversion price cut to $3.81/$4.23

## Summary
- Conversion price reduced to $3.81 for first 501,648 shares issued after Oct 7, 2024, then $4.23 for subsequent shares.
- Amendment allows Soligenix to satisfy remaining loan balance with stock instead of cash, extending cash runway.
- Lenders agreed to lock-up in future offerings and capped aggregate stock ownership at 19.99% of outstanding shares.
- All other terms of the December 2020 Loan and Security Agreement remain unchanged; effective October 8, 2024.

## SEC filing metadata
- accession: 0001558370-24-013257
- form_type: 8-K
- ticker: SNGX
- cik: 0000812796
- company_name: SOLIGENIX, INC.
- filed_at: 2024-10-11T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/812796/000155837024013257/0001558370-24-013257-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/812796/000155837024013257/sngx-20241008x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-013257
- JSON: https://secwatch.observer/filing/0001558370-24-013257.json
- Plain text: https://secwatch.observer/filing/0001558370-24-013257.txt

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