Neuraxis, Inc. Files 8-K for Material Definitive Agreement
Ticker: NRXS · Form: 8-K · Filed: May 28, 2024 · CIK: 1933567
| Field | Detail |
|---|---|
| Company | Neuraxis, INC (NRXS) |
| Form Type | 8-K |
| Filed Date | May 28, 2024 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.001, $2.38, $5 m, $200,000, $1,135,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
TL;DR
Neuraxis just signed a big deal with financial obligations. Keep an eye on their next moves.
AI Summary
On May 21, 2024, Neuraxis, Inc. entered into a material definitive agreement, creating a direct financial obligation. The company, incorporated in Delaware with its principal executive offices in Carmel, Indiana, filed this 8-K report detailing the agreement and its financial implications.
Why It Matters
This filing indicates Neuraxis, Inc. has entered into a significant contract that creates a financial obligation, which could impact its financial health and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and creating financial obligations can introduce financial risks and operational changes for the company.
Key Players & Entities
- Neuraxis, Inc. (company) — Registrant
- May 21, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 11611 N. Meridian St , Suite 330 Carmel , IN 46032 (address) — Address of principal executive offices
- (812) 689-0791 (phone_number) — Registrant's telephone number
FAQ
What type of material definitive agreement did Neuraxis, Inc. enter into?
The filing states that Neuraxis, Inc. entered into a material definitive agreement that created a direct financial obligation or an obligation under an off-balance sheet arrangement of a registrant.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on May 21, 2024.
Where are Neuraxis, Inc.'s principal executive offices located?
Neuraxis, Inc.'s principal executive offices are located at 11611 N. Meridian St , Suite 330 Carmel , IN 46032.
In which U.S. state is Neuraxis, Inc. incorporated?
Neuraxis, Inc. is incorporated in Delaware.
What is the SEC file number for Neuraxis, Inc.'s 8-K filing?
The SEC file number for Neuraxis, Inc.'s 8-K filing is 001-41775.
Filing Stats: 1,520 words · 6 min read · ~5 pages · Grade level 12.5 · Accepted 2024-05-28 16:15:29
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value NRXS NYSE American Indi
- $2.38 — referred Stock"), at price per share of $2.38. The aggregate purchase price is $5 mil
- $5 m — $2.38. The aggregate purchase price is $5 million, to be paid in monthly installmen
- $200,000 — , to be paid in monthly installments of $200,000 each. The creation of the Series B Pref
- $1,135,000 — otes for an aggregate purchase price of $1,135,000. The notes will be automatically conver
- $3 million — gregate purchase price of approximately $3 million. The Notes bear an interest rate of 8.5
- $1.00 — ries B Preferred Stock was changed from $1.00 to $2.38 per share, (3) the right to re
Filing Documents
- form8-k.htm (8-K) — 47KB
- ex10-1.htm (EX-10.1) — 302KB
- ex10-2.htm (EX-10.2) — 45KB
- ex10-3.htm (EX-10.3) — 116KB
- 0001493152-24-021615.txt ( ) — 774KB
- nrxs-20240521.xsd (EX-101.SCH) — 3KB
- nrxs-20240521_lab.xml (EX-101.LAB) — 33KB
- nrxs-20240521_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. Date: May 28, 2024 NEURAXIS, INC. By: /s/ Brian Carrico Name: Brian Carrico Title: President and Chief Executive Officer