Klotho Neurosciences (KLTO) revises Meteora equity deal, caps at 6.76M shares
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Klotho Neurosciences, Inc. entered into an Amendment to its June 13, 2024 Subscription Agreement with several Meteora investment entities. The Amendment extends the term of the Subscription Agreement until September 19, 2025 and sets the maximum number of shares that can be issued under the agreement at 6,755,000. The company notes that this brief description is qualified in its entirety by the full Amendment, which is filed as an exhibit.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 1.01, 9.01
2 items
Item 1.01
Entry into a Material Definitive Agreement
Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
FAQ
What did Klotho Neurosciences (KLTO) change in its Subscription Agreement with Meteora?
Klotho Neurosciences, Inc. entered into an Amendment to its June 13, 2024 Subscription Agreement with Meteora Special Opportunity Fund I, LP, Meteora Capital Partners, LP, Meteora Select Trading Opportunities Master, LP and Meteora Strategic Capital, LLC. The Amendment extends the agreement’s term and sets a maximum share amount.
How long is the amended Subscription Agreement for Klotho Neurosciences (KLTO) now in effect?
Under the Amendment dated September 19, 2025, the term of Klotho Neurosciences’ Subscription Agreement is extended until September 19, 2025.
Who are the counterparties to Klotho Neurosciences’ (KLTO) amended Subscription Agreement?
The counterparties are Meteora Special Opportunity Fund I, LP, Meteora Capital Partners, LP, Meteora Select Trading Opportunities Master, LP and Meteora Strategic Capital, LLC.
Where can investors find the full details of the Klotho Neurosciences (KLTO) Amendment?
Klotho Neurosciences filed the complete Amendment as Exhibit 4.1, stating that the brief description is qualified in its entirety by reference to this exhibit.
What type of SEC filing did Klotho Neurosciences (KLTO) use to report the Amendment?
Klotho Neurosciences reported the Amendment to the Subscription Agreement in a Form 8-K under the item for entry into or amendment of a material definitive agreement.