Matinas BioPharma Files 8-K: Agreements, Equity Sales, Officer Changes
Ticker: MTNB · Form: 8-K · Filed: Feb 13, 2025 · CIK: 1582554
| Field | Detail |
|---|---|
| Company | Matinas Biopharma Holdings, Inc. (MTNB) |
| Form Type | 8-K |
| Filed Date | Feb 13, 2025 |
| Risk Level | medium |
| Pages | 10 |
| Reading Time | 12 min |
| Key Dollar Amounts | $0.0001, $1,000, $1.65 million, $0.6393, $0.586 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, equity-sale, corporate-governance
TL;DR
Matinas BioPharma 8-K: Material agreements, equity sales, and exec changes filed Feb 13, 2025.
AI Summary
On February 13, 2025, Matinas BioPharma Holdings, Inc. filed an 8-K report detailing several significant events. These include entering into a material definitive agreement, unregistered sales of equity securities, and modifications to security holder rights. The report also covers the departure and election of directors and officers, changes to articles of incorporation or bylaws, and other events, alongside financial statements and exhibits.
Why It Matters
This 8-K filing indicates significant corporate actions and potential shifts in the company's structure and financial dealings, which could impact investors and stakeholders.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements, unregistered equity sales, and changes in corporate governance, suggesting potentially significant but not immediately catastrophic events.
Key Players & Entities
- Matinas BioPharma Holdings, Inc. (company) — Registrant
- February 13, 2025 (date) — Date of earliest event reported
FAQ
What type of material definitive agreement did Matinas BioPharma enter into?
The filing indicates the entry into a material definitive agreement, but the specific details of this agreement are not provided in the provided text.
Were there any unregistered sales of equity securities by Matinas BioPharma?
Yes, the filing explicitly lists 'Unregistered Sales of Equity Securities' as an item of information being reported.
What changes were reported regarding Matinas BioPharma's directors or officers?
The filing notes 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' and 'Compensatory Arrangements of Certain Officers'.
Did Matinas BioPharma amend its articles of incorporation or bylaws?
Yes, the filing includes 'Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year' as an item of information.
What is the fiscal year end for Matinas BioPharma Holdings, Inc.?
The fiscal year end for Matinas BioPharma Holdings, Inc. is December 31 (1231).
Filing Stats: 2,943 words · 12 min read · ~10 pages · Grade level 12.1 · Accepted 2025-02-13 17:20:23
Key Financial Figures
- $0.0001 — Convertible Preferred Stock, par value $0.0001 per share (the " Preferred Stock "), in
- $1,000 — Common Stock "), with a stated value of $1,000 per share (the " Stated Value "), and w
- $1.65 million — k, for gross proceeds to the Company of $1.65 million. On the date on which the Company obtai
- $0.6393 — ed basis based on a conversion price of $0.6393 pursuant to the rules and regulations o
- $0.586 — ermined by dividing the Stated Value by $0.586 (the " Conversion Price "); provided, h
- $0.6446 — ual to 110% of the Conversion Price, or $0.6446 per share, and will expire on the five-
- $300,000 — the Offering in an amount not to exceed $300,000, with not less than $150,000 payable at
- $150,000 — to exceed $300,000, with not less than $150,000 payable at the Initial Closing. Under
Filing Documents
- form8-k.htm (8-K) — 67KB
- ex3-1.htm (EX-3.1) — 117KB
- ex4-2.htm (EX-4.2) — 135KB
- ex10-1.htm (EX-10.1) — 261KB
- ex99-1.htm (EX-99.1) — 21KB
- ex99-1_001.jpg (GRAPHIC) — 5KB
- 0001493152-25-006481.txt ( ) — 900KB
- mtnb-20250213.xsd (EX-101.SCH) — 3KB
- mtnb-20250213_lab.xml (EX-101.LAB) — 33KB
- mtnb-20250213_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MATINAS BIOPHARMA HOLDINGS, INC. Dated: February 13, 2025 By: /s/ Jerome D. Jabbour Name: Jerome D. Jabbour Title: Chief Executive Officer -6-