{"schema_version":"secwatch.filing_event.v1","accession":"0001753926-25-000035","form_type":"8-K","ticker":"LIPO","cik":"0001347242","company_name":"LIPELLA PHARMACEUTICALS INC.","filed_at":"2025-01-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.404707+00:00","generated_at":"2026-05-28T09:58:54.663867+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Lipella raises $368K in second closing of Series B preferred offering; CEO gets voting proxy","bullets":["Second closing issued 3,680 shares of Series B non-voting convertible preferred at $100/share, convertible into 117,948 common shares at $3.12/share.","Net proceeds of $305,440; use for working capital and general corporate purposes.","Placement agent Spartan received $62,560 in fees, 42,933 Series C voting preferred shares, and a warrant for 11,795 common shares.","Spartan granted CEO Jonathan Kaufman irrevocable voting power over all Series C and warrant shares via proxy agreement.","Total offering remains open up to $6.0 million; first closing on Dec 30 sold 22,295 Series B shares for $2.23M."],"urls":{"canonical":"https://secwatch.observer/filing/0001753926-25-000035","json":"https://secwatch.observer/filing/0001753926-25-000035.json","markdown":"https://secwatch.observer/filing/0001753926-25-000035.md","text":"https://secwatch.observer/filing/0001753926-25-000035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1347242/000175392625000035/0001753926-25-000035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1347242/000175392625000035/g084643_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T09:58:54.663867+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"}