secwatch.observer — SEC 8-K summary
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Issuer:     Xenetic Biosciences, Inc. (XBIO)
CIK:        0001534525
Form:       8-K
Filed at:   2021-07-28T23:59:59+00:00
Accession:  0001683168-21-003133
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xenetic Biosciences closes $12.5M private placement priced at $2.70/share; issues warrants with $3.30 strike
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- Closed private placement of 4,629,630 shares at $2.70 per share for gross proceeds of $12.5M; H.C. Wainwright as placement agent.
- Issued warrants to purchase up to 4,629,630 shares at $3.30, exercisable immediately; potential cash proceeds of $15.3M if fully exercised.
- Pricing at a premium to market under Nasdaq rules; securities sold to a single healthcare-focused institutional investor.
- Company intends net proceeds for general working capital purposes; agreement to file resale registration statement within 30 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534525/000168316821003133/0001683168-21-003133-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534525/000168316821003133/xenetic_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-21-003133

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