secwatch / observer
8-K filed June 12, 2023, 7:59 PM ET ticker PRPO CIK 0001043961
other material confidence high sentiment neutral materiality 0.55

Precipio raises $2M in registered direct offering and private placement of common stock and warrants

Precipio, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.97

Precipio, Inc. entered into Financial Advisor Agreement with A.G.P./Alliance Global Partners valued at Cash fee of $140,000 for arranging sale of securities (effective 2023-06-07).

Action
entry
Agreement
underwriting
Counterparty
A.G.P./Alliance Global Partners
Value
Cash fee of $140,000 for arranging sale of securities
Effective
2023-06-07
Exact text from the filing
On June 7, 2023, the Company also entered into a financial advisory agreement (the " Financial Advisor Agreement ") with A.G.P./Alliance Global Partners (the " Financial Advisor ").
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.98

Precipio, Inc. entered into Securities Purchase Agreement with certain institutional investors valued at Aggregate proceeds ~$2.0 million from sale of 4,125,000 shares and 319,445 pre-funded warrants plus (effective 2023-06-08).

Action
entry
Agreement
equity purchase
Counterparty
certain institutional investors
Value
Aggregate proceeds ~$2.0 million from sale of 4,125,000 shares and 319,445 pre-funded warrants plus
Effective
2023-06-08
Exact text from the filing
On June 8, 2023, Precipio, Inc., a Delaware corporation (the " Company "), entered into a securities purchase agreement (the " Purchase Agreement ") with certain institutional investors (the " Purchasers "), pursuant to which the Company agreed to issue and sell to the Purchasers, in a registered direct offering (the " Registered Direct Offering "), an aggregate of: (i) 4,125,000 shares (the " Shares ") of the Company's common stock, $0.01 par value (the " Common Stock "), at a price of $0.45 per share, and (ii) pre-funded warrants (the " Pre-Funded Warrants ") to purchase up to 319,445 shares of Common Stock, at a price of $0.0449 per Pre-Funded Warrant.
View on SEC.gov

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Precipio, Inc. filing history →

Source: SEC EDGAR
accession 0001104659-23-070356
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