Orgenesis Inc. Files 8-K with Material Agreements
Ticker: ORGS · Form: 8-K · Filed: May 23, 2024 · CIK: 1460602
| Field | Detail |
|---|---|
| Company | Orgenesis INC. (ORGS) |
| Form Type | 8-K |
| Filed Date | May 23, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $16,007,372, $0.0001, $14,860,422, $1.03, $1,146,950 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, equity-sale, filing
TL;DR
Orgenesis Inc. filed an 8-K on 5/21/24 detailing a material agreement and equity sales.
AI Summary
On May 21, 2024, Orgenesis Inc. entered into a material definitive agreement. The company also reported on unregistered sales of equity securities and filed financial statements and exhibits. The filing details include Orgenesis Inc.'s principal executive offices located at 20271 Goldenrod Lane, Germantown, MD 20876.
Why It Matters
This 8-K filing indicates significant corporate activity, including the execution of a material definitive agreement and potential equity transactions, which could impact the company's financial structure and future operations.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements and unregistered sales of equity, which can introduce financial and regulatory risks.
Key Players & Entities
- Orgenesis Inc. (company) — Registrant
- May 21, 2024 (date) — Date of earliest event reported
- 20271 Goldenrod Lane, Germantown, MD 20876 (location) — Principal executive offices
FAQ
What type of material definitive agreement did Orgenesis Inc. enter into?
The filing does not specify the exact nature of the material definitive agreement, only that one was entered into on May 21, 2024.
What are the key items reported in this 8-K filing?
This 8-K reports on the entry into a material definitive agreement, unregistered sales of equity securities, and financial statements and exhibits.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on May 21, 2024.
Where are Orgenesis Inc.'s principal executive offices located?
Orgenesis Inc.'s principal executive offices are located at 20271 Goldenrod Lane, Germantown, MD 20876.
What is the Commission File Number for Orgenesis Inc.?
The Commission File Number for Orgenesis Inc. is 001-38416.
Filing Stats: 1,117 words · 4 min read · ~4 pages · Grade level 11.3 · Accepted 2024-05-23 08:00:31
Key Financial Figures
- $16,007,372 — bt holders pursuant to which a total of $16,007,372 of outstanding principal and accrued in
- $0.0001 — 6,947 shares of common stock, par value $0.0001 per share, of the Company (the "Common
- $14,860,422 — Company (the "Common Stock"), of which $14,860,422 will be exchanged for shares at an exch
- $1.03 — nged for shares at an exchange price of $1.03 per share of Common Stock and $1,146,95
- $1,146,950 — of $1.03 per share of Common Stock and $1,146,950 will be exchanged for shares at an exch
- $0.85 — nged for shares at an exchange price of $0.85 per share of Common Stock representing
- $13,176,000 — ant to which Mr. Nir agreed to exchange $13,176,000 of outstanding principal amount and acc
- $1,458,171 — to which Mr. Lukach agreed to exchange $1,458,171 of outstanding principal amount and acc
- $1,373,201 — t to which Mr. Dotan agreed to exchange $1,373,201 of outstanding principal amount and acc
Filing Documents
- form8-k.htm (8-K) — 44KB
- ex10-1.htm (EX-10.1) — 79KB
- ex10-2.htm (EX-10.2) — 82KB
- ex10-3.htm (EX-10.3) — 69KB
- 0001493152-24-021097.txt ( ) — 483KB
- orgs-20240521.xsd (EX-101.SCH) — 3KB
- orgs-20240521_lab.xml (EX-101.LAB) — 33KB
- orgs-20240521_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
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. ORGENESIS INC. Date: May 23, 2024 By: /s/ Victor Miller Victor Miller Chief Financial Officer, Treasurer and Secretary