secwatch.observer — SEC 8-K summary
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Issuer:     Envoy Medical, Inc. (COCH)
CIK:        0001840877
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001013762-24-003336
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Envoy Medical amends forward purchase agreement, lowers exercise price floor on 2 million warrants to $2 and $3
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- Amendment sets $2.00 floor for 1,000,000 Shortfall Warrants and $3.00 for another 1,000,000; remaining 1,874,394 warrants keep $4.00 floor.
- Warrants were originally issued under Forward Purchase Agreement dated April 17, 2023 with Meteora funds.
- The adjustment reduces the minimum reset price from $4.00 for 2 million warrants, potentially increasing dilution.
- Company tickers: COCH (common) and COCHW (warrants) listed on Nasdaq.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840877/000101376224003336/0001013762-24-003336-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840877/000101376224003336/ea021039602-8k_envoy.htm
  HTML page:      https://secwatch.observer/filing/0001013762-24-003336

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