secwatch.observer — SEC 8-K summary
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Issuer:     Decoy Therapeutics Inc. (DCOY)
CIK:        0001615219
Form:       8-K
Filed at:   2023-05-16T23:59:59+00:00
Accession:  0001615219-23-000042
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Salarius raises $6M in private placement of common stock and warrants
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- Issued 3,636,364 shares (or pre-funded warrants) plus Series A-1 and A-2 warrants at $1.65/unit.
- Gross proceeds ~$6.0M; H.C. Wainwright acted as exclusive placement agent (7% fee).
- Series A-1 warrants exercisable at $1.40 for 5.5 years; Series A-2 at $1.40 for 18 months.
- Proceeds to fund product development and working capital; closing occurred May 16, 2023.
- Registration statement for resale of securities to be filed within 15 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1615219/000161521923000042/0001615219-23-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1615219/000161521923000042/flks-20230511.htm
  HTML page:      https://secwatch.observer/filing/0001615219-23-000042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer