{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-011939","form_type":"8-K","ticker":"NRXS","cik":"0001933567","company_name":"Neuraxis, INC","filed_at":"2025-05-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.499664+00:00","generated_at":"2026-05-20T22:51:56.982049+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"litigation","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Neuraxis settles litigation for $750k payable starting Jan 2026; raises ~$1M from warrant exercises","bullets":["Settles two lawsuits (Physicians' Litigation and Medical Practice Entities' Litigation) for $750,000 total, payable in 12 equal monthly installments beginning January 2026.","Settlement includes mutual release of all claims among all parties, with no admission of liability.","Received approximately $1M in proceeds from warrant exercises, issuing 430,580 common shares; Series B Preferred converted into 342,016 common shares.","Shares were issued without restrictive legend under the company's effective S-3 registration statement."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-011939","json":"https://secwatch.observer/filing/0001641172-25-011939.json","markdown":"https://secwatch.observer/filing/0001641172-25-011939.md","text":"https://secwatch.observer/filing/0001641172-25-011939.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1933567/000164117225011939/0001641172-25-011939-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1933567/000164117225011939/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T22:51:56.982049+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}