{"schema_version":"secwatch.filing_event.v1","accession":"0001689548-24-000013","form_type":"8-K","ticker":"PRAX","cik":"0001689548","company_name":"Praxis Precision Medicines, Inc.","filed_at":"2024-01-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.122659+00:00","generated_at":"2026-06-07T00:35:06.791132+00:00","sec_items":["1.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Praxis Precision Medicines terminates $75M ATM equity distribution agreement","bullets":["Terminated Open Market Sale Agreement with Jefferies LLC effective Jan 10, 2024.","No termination penalties were incurred.","Prior to termination, sold 404,643 shares for aggregate gross proceeds of ~$9.6M.","The agreement had allowed for up to $75M in common stock sales."],"urls":{"canonical":"https://secwatch.observer/filing/0001689548-24-000013","json":"https://secwatch.observer/filing/0001689548-24-000013.json","markdown":"https://secwatch.observer/filing/0001689548-24-000013.md","text":"https://secwatch.observer/filing/0001689548-24-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1689548/000168954824000013/0001689548-24-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1689548/000168954824000013/prax-20240110.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T00:35:06.791132+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"}