secwatch.observer — SEC 8-K summary
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Issuer:     Cingulate Inc. (CING)
CIK:        0001862150
Form:       8-K
Filed at:   2025-07-22T23:59:59+00:00
Accession:  0001641172-25-020618
Event type: other_material
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud

Cingulate enters $25M equity purchase agreement with Lincoln Park Capital
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- Lincoln Park Capital commits to buy up to $25M of Cingulate common stock over 36 months, starting after SEC registration effective.
- Cingulate issued 120,424 commitment shares to Lincoln Park on July 21, 2025 as consideration for the commitment.
- Sales are at Cingulate's discretion with a single-day cap of $150K (up to $500K depending on price) and an Exchange Cap of 1,004,660 shares (19.99% of outstanding).
- Proceeds intended for regulatory approval and development of CTx-1301, plus working capital and R&D.
- Lincoln Park is barred from short sales or hedging during the term; Cingulate may terminate with one business day notice.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1862150/000164117225020618/0001641172-25-020618-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1862150/000164117225020618/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-020618

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