secwatch.observer — SEC 8-K summary
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Issuer:     SCYNEXIS INC (SCYX)
CIK:        0001178253
Form:       8-K
Filed at:   2022-04-22T23:59:59+00:00
Accession:  0001564590-22-015284
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SCYNEXIS announces $41.9M public offering of common stock and warrants
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- Offering of 3,333,333 shares, pre-funded warrants for 11,666,667 shares, and warrants for 15,000,000 shares at $3.00 per share.
- Expected net proceeds of ~$41.9M after underwriting discount and expenses; closing on or about April 26, 2022.
- Underwriters have option to purchase up to additional 2.25M shares/warrants; total proceeds could reach ~$48.2M.
- Underwriters led by Guggenheim Securities and Cantor Fitzgerald; also Ladenburg Thalmann, Maxim Group, and others.
- Warrants have 7-year term and exercise price of $3.45; pre-funded warrants have $0.001 exercise price and unlimited term.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1178253/000156459022015284/0001564590-22-015284-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1178253/000156459022015284/scyx-8k_20220422.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-015284

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