secwatch.observer — SEC 8-K summary
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Issuer:     Senseonics Holdings, Inc. (SENS)
CIK:        0001616543
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001104659-22-118534
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Senseonics sells $12M Series B Preferred to Energy Capital under 2020 equity line
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- Energy Capital exercised its right to purchase $12.0M of Series B Convertible Preferred Stock on Nov 7, 2022.
- Each share is convertible into common stock at $0.3951 per share, subject to anti-dilution adjustments.
- Conversion begins six months after issuance; no minimum stock price condition applied to this purchase.
- Company claims exemption from registration under Section 4(a)(2) of the Securities Act for the sale.
- Proceeds provide additional working capital for the company's operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1616543/000110465922118534/0001104659-22-118534-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1616543/000110465922118534/tm2230413d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-118534

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