secwatch.observer — SEC 8-K summary
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Issuer:     BIOLIFE SOLUTIONS INC (BLFS)
CIK:        0000834365
Form:       8-K
Filed at:   2023-10-19T23:59:59+00:00
Accession:  0001628280-23-034715
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BioLife Solutions: Casdin Partners ups stake to 19.5% with $10.4M private placement
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- Sold 927,165 new shares to Casdin Partners at $11.19/share, raising ~$10.4M.
- Casdin Partners' total ownership rises to ~19.5% of outstanding common stock post-placement.
- Transaction closed immediately on October 19, 2023; registration statement to be filed within 30 days.
- Issuance is below 20% threshold, so no shareholder vote required under Nasdaq listing rules.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/834365/000162828023034715/0001628280-23-034715-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/834365/000162828023034715/blfs-20231019.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-034715

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