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Cingulate Inc. 8-K Report: Key Financial Insights & Stock Information

$CING
Form 8-K
Filed on: 2024-12-23
Source
Cingulate Inc. 8-K Report: Key Financial Insights & Stock Information

Based on the provided financial report section, here are the key insights and information extracted:

  1. Entity Information:
  • Company Name: Cingulate Inc.
  • CIK (Central Index Key): 0001862150
  • IRS Employer Identification Number (EIN): 86-3825535
  • Address: 1901 W. 47th Place, Kansas City, KS 66205
  • Contact Number: (913) 942-2300
  1. Stock Information:
  • Common Stock: Par value of $0.0001 per share.
  • Ticker Symbols:
    • Common Stock: CING (listed on NASDAQ)
    • Warrants: CINGW (listed on NASDAQ)
  1. Warrants:
  • The report mentions that the warrants are exercisable for one share of common stock, indicating a potential for future dilution of shares if exercised.
  1. Reporting Period:
  • Date of Report: December 20, 2024
  • The report highlights that the financial data is as of the specified date, which is important for assessing the company's financial position at that point in time.
  1. Regulatory Filings:
  • The document is filed under form 8-K, which is typically used to announce major events that shareholders should know about, suggesting that this report may contain significant information regarding recent corporate developments.
  1. XBRL Context:
  • The document is structured in XBRL (eXtensible Business Reporting Language), which is commonly used for financial reporting to provide a standardized format for data exchange.
  1. Measurement Units:
  • The financial data is reported in USD (U.S. Dollars) and shares, indicating the financial metrics are likely tied to the company's stock performance.

Summary:

Cingulate Inc. is a publicly traded company on NASDAQ with a low par value for its common stock and associated warrants. The report dated December 20, 2024, is filed as an 8-K, suggesting it includes important corporate updates. The use of XBRL indicates the data is structured for digital consumption, and the metrics are reported in standard financial units. These insights are crucial for investors and analysts looking to gauge the company's financial health and market position.