Longeveron Inc. Files S-1 Registration Statement
Ticker: LGVN · Form: S-1 · Filed: Jun 28, 2024 · CIK: 1721484
Sentiment: neutral
Topics: sec-filing, s-1, registration-statement
TL;DR
Longeveron Inc. just filed an S-1, looks like they're prepping to sell more stock.
AI Summary
Longeveron Inc. filed an S-1 registration statement on June 28, 2024, for an unspecified offering. The company, incorporated in Delaware, is based in Miami, Florida, and operates in the pharmaceutical preparations sector. This filing indicates a potential future sale of securities by the company.
Why It Matters
This S-1 filing signals Longeveron Inc.'s intention to potentially offer new securities to the public, which could impact its capital structure and stock availability.
Risk Assessment
Risk Level: medium — S-1 filings often precede significant corporate actions like stock offerings, which carry inherent market risks.
Key Numbers
- 333-280577 — SEC File Number (Identifies this specific registration statement)
- 0001721484 — Central Index Key (Unique identifier for Longeveron Inc. in SEC filings)
Key Players & Entities
- Longeveron Inc. (company) — Registrant
- June 28, 2024 (date) — Filing Date
- Miami, Florida (location) — Principal Executive Offices
- Wa'el Hashad (person) — Chief Executive Officer
FAQ
What is the purpose of this S-1 filing for Longeveron Inc.?
The S-1 filing is a registration statement required by the SEC before a company can offer its securities to the public. The specific details of the offering (e.g., number of shares, price range) are not detailed in this initial filing document.
When was this S-1 filing submitted to the SEC?
The S-1 filing was submitted to the SEC on June 28, 2024.
Where is Longeveron Inc. headquartered?
Longeveron Inc. is headquartered at 1951 NW 7th Avenue, Suite 520, Miami, Florida 33136.
Who is the Chief Executive Officer of Longeveron Inc.?
Wa'el Hashad is the Chief Executive Officer of Longeveron Inc.
What industry does Longeveron Inc. operate in?
Longeveron Inc. operates in the Pharmaceutical Preparations sector, with a Standard Industrial Classification code of 2834.
Filing Stats: 4,500 words · 18 min read · ~15 pages · Grade level 15.9 · Accepted 2024-06-28 16:16:46
Key Financial Figures
- $0.001 — of our Class A Common Stock, par value $0.001 per share ("Class A common stock") issu
- $9.0 million — receive proceeds of up to approximately $9.0 million if all of the Warrants covered by this
- $1.92 — ported on the NASDAQ Capital Market was $1.92 per share. Investing in our securities
- $1.235 b — total annual gross revenues of at least $1.235 billion, (3) the date on which we are dee
- $700.0 million — n stock held by non-affiliates exceeded $700.0 million as of the last business day of our most
- $1.0 billion — date on which we have issued more than $1.0 billion in non-convertible debt securities duri
- $250.0 million — o long as our public float is less than $250.0 million measured on the last business day of ou
- $100.0 million — ter, or our annual revenue is less than $100.0 million during the most recently completed fisc
- $700.0 million — year and our public float is less than $700.0 million measured on the last business day of ou
Filing Documents
- ea0208597-s1_longeveron.htm (S-1) — 364KB
- ea020859701ex5-1_longeveron.htm (EX-5.1) — 14KB
- ea020859701ex23-1_longeveron.htm (EX-23.1) — 2KB
- ea020859701ex-fee_longeveron.htm (EX-FILING FEES) — 14KB
- image_001.jpg (GRAPHIC) — 8KB
- image_002.jpg (GRAPHIC) — 2KB
- image_003.jpg (GRAPHIC) — 1KB
- image_004.jpg (GRAPHIC) — 2KB
- image_005.jpg (GRAPHIC) — 9KB
- ex5-1_001.jpg (GRAPHIC) — 3KB
- 0001213900-24-057196.txt ( ) — 619KB
- lgvn-20240331.xsd (EX-101.SCH) — 3KB
- lgvn-20240331_def.xml (EX-101.DEF) — 6KB
- lgvn-20240331_lab.xml (EX-101.LAB) — 8KB
- lgvn-20240331_pre.xml (EX-101.PRE) — 5KB
- ea0208597-s1_longeveron_htm.xml (XML) — 1KB
RISK FACTORS
RISK FACTORS 13 DIVIDEND POLICY 21
USE OF PROCEEDS
USE OF PROCEEDS 21 DETERMINATION OF OFFERING PRICE 22 THE SELLING STOCKHOLDERS 22 PLAN OF DISTRIBUTION 25
DESCRIPTION OF SECURITIES TO BE REGISTERED
DESCRIPTION OF SECURITIES TO BE REGISTERED 26 LEGAL MATTERS 28 EXPERTS 28 WHERE YOU CAN FIND MORE INFORMATION 28 INCORPORATION OF CERTAIN INFORMATION BY REFERENCE 29 i ABOUT THIS PROSPECTUS This prospectus provides you with a general description of the Class A common stock that may be resold by the Selling Stockholders. In certain circumstances, we may provide a prospectus supplement that will contain specific information about the terms of a particular offering by the Selling Stockholders. We also may provide a prospectus supplement to add information to, or update or change information contained in, this prospectus. To the extent there is a conflict between the information contained in this prospectus and any prospectus supplement, you should rely on the information in the prospectus supplement, provided that if any statement in one of these documents is inconsistent with a statement in another document having a later date—for example, a document incorporated by reference in this prospectus or any prospectus supplement—the statement in the later-dated document modifies or supersedes the earlier statement. This prospectus is part of a registration statement that we have filed with the Securities and Exchange Commission pursuant to which the Selling Stockholders named herein may, from time to time, offer and sell or otherwise dispose of the Class A common stock covered by this prospectus. You should rely only on the information contained in this prospectus or any related prospectus supplement. We have not authorized anyone to provide you with different information. If anyone provides you with different or inconsistent information, you should not rely on it. The information contained in this prospectus is accurate only on the date of this prospectus. Our business, financial condition, results of operations and prospects may have changed since such date. Other than as required under the federal securities laws, we undertake no obligation to pub