---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-23-001210"
form_type: "8-K"
ticker: "LNAI"
cik: "0001527728"
company_name: "Lunai Bioworks Inc."
filed_at: "2023-06-27T23:59:59+00:00"
generated_at: "2026-06-13T16:16:50.186669+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Enochian Biosciences enters $20M equity purchase agreement with Lincoln Park Capital

## Summary
- Up to $20M of common stock may be sold to Lincoln Park over 36 months under a purchase agreement.
- Commitment fee of 696,021 shares issued to Lincoln Park upon signing.
- Regular purchases up to 30,000 shares per day, with higher limits if stock price thresholds met.
- Company can also require accelerated purchases up to 3x regular amount subject to volume.
- Proceeds expected for working capital and general corporate purposes.

## SEC filing metadata
- accession: 0001731122-23-001210
- form_type: 8-K
- ticker: LNAI
- cik: 0001527728
- company_name: Lunai Bioworks Inc.
- filed_at: 2023-06-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527728/000173112223001210/0001731122-23-001210-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527728/000173112223001210/e4828_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-23-001210
- JSON: https://secwatch.observer/filing/0001731122-23-001210.json
- Plain text: https://secwatch.observer/filing/0001731122-23-001210.txt

## Key facts
- Material Agreements
  Lunai Bioworks Inc. entered into Purchase Agreement with Lincoln Park Capital Fund, LLC valued at up to Twenty Million Dollars ($20,000,000) (effective 2023-06-20).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Lincoln Park Capital Fund, LLC
  - Value: up to Twenty Million Dollars ($20,000,000)
  - Effective: 2023-06-20
  source text: Concurrently with entering into the Purchase Agreement, the Company also entered into a registration rights agreement with Lincoln Park
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527728/000173112223001210/0001731122-23-001210-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.