secwatch.observer — SEC 8-K summary
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Issuer:     Aclarion, Inc. (ACON)
CIK:        0001635077
Form:       8-K
Filed at:   2025-01-03T23:59:59+00:00
Accession:  0001683168-25-000059
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.02
LLM model:  deepseek-v4-flash:cloud@v2

Aclarion terminates $10M ATM sales agreement with Ascendiant Capital Markets, effective Jan 3
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- Terminated At-The-Market Issuance Sales Agreement with Ascendiant Capital Markets, LLC on January 3, 2025.
- Agreement allowed sale of up to $10M of common stock; only 1,606,211 shares for ~$0.3M gross proceeds were sold.
- ATM facility is no longer available for future capital raises.
- Original agreement was entered into on September 24, 2024, and filed as Exhibit 1.1 to prior Form 8-K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1635077/000168316825000059/0001683168-25-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1635077/000168316825000059/acon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-000059

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