secwatch.observer — SEC 8-K summary
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Issuer:     T Stamp Inc (IDAI)
CIK:        0001718939
Form:       8-K
Filed at:   2023-06-05T23:59:59+00:00
Accession:  0001104659-23-067945
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1718939/000110465923067945/0001104659-23-067945-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1718939/000110465923067945/tm2317786d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-067945

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