T Stamp raises $2.94M in registered direct offering and private placement

T Stamp Inc

Gross proceeds of $2,942,767 from sale of 736,400 shares at $2.30 and pre-funded warrants for 543,300 shares.
Private placement of warrants to purchase up to 1,279,700 shares at $2.30, exercisable for 5 years.
Existing warrants for 390,000 shares amended to $2.30 exercise price and extended to June 5, 2028.
Net proceeds to be used for working capital and general corporate purposes.
Officers/directors subject to 60-day lock-up; company restricted from variable rate deals until Dec 5.

item 1.01 item 3.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

T Stamp Inc entered into SPA with a certain institutional investor valued at $2,942,766.70 (effective 2023-06-01).

Action: entry
Agreement: equity purchase
Counterparty: a certain institutional investor
Value: $2,942,766.70
Effective: 2023-06-01

Exact text from the filing

On June 1, 2023, T Stamp Inc., a Delaware corporation (the “ Company ”), entered into a securities purchase agreement (the “ SPA ”) with a certain institutional investor

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

T Stamp Inc entered into Placement Agency Agreement with Maxim Group LLC (effective 2023-06-01).

Action: entry
Agreement: underwriting
Counterparty: Maxim Group LLC
Effective: 2023-06-01

Exact text from the filing

on June 1, 2023, the Company entered into a placement agency agreement (the “ Placement Agency Agreement ”) with Maxim Group LLC (the “ Placement Agent ”)

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38 material agreements filed in the last 30 days. Browse all material agreements →

T Stamp Inc filing history →

Source: SEC EDGAR

accession 0001104659-23-067945

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