secwatch.observer — SEC 8-K summary
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Issuer:     Urgent.ly Inc. (ULYX)
CIK:        0001603652
Form:       8-K
Filed at:   2025-07-11T23:59:59+00:00
Accession:  0000950170-25-095341
Event type: other_material
Sentiment:  negative
Materiality: 0.55
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Urgent.ly launches $4M ATM equity offering; former CFO to advise part-time
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- Sales agreement with A.G.P. for at-the-market offering of up to $4,025,821 in common stock; 3.6% agent fee.
- Net proceeds for working capital and general corporate purposes; no obligation to sell any shares.
- Offering made under S-3 registration (File No. 333-288523) declared effective July 11, 2025.
- Former CFO Timothy Huffmyer resigns effective June 6, 2025; Advisor Agreement pays $250/hour, up to 4 hours/week through Oct 31, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1603652/000095017025095341/0000950170-25-095341-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1603652/000095017025095341/uly-20250711.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-095341

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer