secwatch.observer — SEC 8-K summary
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Issuer:     BioRestorative Therapies, Inc. (BRTX)
CIK:        0001505497
Form:       8-K
Filed at:   2021-11-15T23:59:59+00:00
Accession:  0001021771-21-000089
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BioRestorative closes $23M public offering, swaps $10M notes for equity
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- Closed underwritten public offering of 2.3M units at $10 each, gross proceeds ~$23M. Each unit: 1 common share + 1 warrant.
- Exchanged $10.0M convertible notes and $7.8M warrants for 313,780 common shares, 1.54M Series A preferred shares, and new warrants.
- Offering and exchange priced at $10.00 per unit; new warrants exercisable at $10 over 5 years.
- Common stock now listed on Nasdaq under ticker BRTX.
- Roth Capital Partners acted as sole underwriter for the offering.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1505497/000102177121000089/0001021771-21-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1505497/000102177121000089/form8kdtd11921.htm
  HTML page:      https://secwatch.observer/filing/0001021771-21-000089

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