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Cingulate | S-8: Initial registration statement for securities to be offered to employees pursuant to employee benefit plans

SEC announcement ·  Apr 4 17:02
Summary by Moomoo AI
Cingulate Inc., a Delaware-based company, has filed a Form S-8 registration statement with the Securities and Exchange Commission (SEC) on April 4, 2024. The filing is for the purpose of registering an additional 117,600 shares of common stock under the company's 2021 Omnibus Equity Incentive Plan. This registration is part of an automatic annual increase provision known as the 'Evergreen Increase,' which began in 2022 and will continue through January 1, 2031. The increase is the lesser of 5% of the outstanding shares of the company's common stock on a fully diluted basis or a number determined by the Board of Directors. The newly registered shares are of the same class as those previously registered under two prior effective Registration Statements filed in March 2022 and March 2023. The registration follows a 1-for-20 reverse stock split effected on November 30, 2023. Cingulate Inc.'s CEO, Shane J. Schaffer, and CFO, Jennifer L. Callahan, along with other directors, have signed the registration statement, confirming the company's compliance with the requirements for filing on Form S-8.
Cingulate Inc., a Delaware-based company, has filed a Form S-8 registration statement with the Securities and Exchange Commission (SEC) on April 4, 2024. The filing is for the purpose of registering an additional 117,600 shares of common stock under the company's 2021 Omnibus Equity Incentive Plan. This registration is part of an automatic annual increase provision known as the 'Evergreen Increase,' which began in 2022 and will continue through January 1, 2031. The increase is the lesser of 5% of the outstanding shares of the company's common stock on a fully diluted basis or a number determined by the Board of Directors. The newly registered shares are of the same class as those previously registered under two prior effective Registration Statements filed in March 2022 and March 2023. The registration follows a 1-for-20 reverse stock split effected on November 30, 2023. Cingulate Inc.'s CEO, Shane J. Schaffer, and CFO, Jennifer L. Callahan, along with other directors, have signed the registration statement, confirming the company's compliance with the requirements for filing on Form S-8.
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