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AGRX > SEC Filings for AGRX > Form 8-K on 1-Dec-2016All Recent SEC Filings

Show all filings for AGILE THERAPEUTICS INC



Other Events, Financial Statements and Exhibits

Item 8.01 Other Events

On December 1, 2016, Agile Therapeutics, Inc. (the "Company") issued a press release announcing that it had received net proceeds of approximately $3 million in non-dilutive financing through the State of New Jersey's Technology Business Tax Certificate Transfer Program (the "Program"). The Program enables approved biotechnology companies to sell their unused Net Operating Loss Carryovers and unused Research and Development Tax Credits for at least 80% of the value of the tax benefits to unaffiliated, profitable corporate taxpayers in the State of New Jersey. The New Jersey Economic Development Authority and the New Jersey Department of the Treasury's Division of Taxation administer the Program. The Company intends to use the proceeds from the sale for working capital purposes.

A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01. Financial Statements and Exhibits.

(d)                 Exhibits.

Number                                    Description

99.1 Press release issued by Agile Therapeutics, Inc. dated December 1, 2016.

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