secwatch.observer — SEC 8-K summary
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Issuer:     Golden Minerals Co (AUMN)
CIK:        0001011509
Form:       8-K
Filed at:   2023-06-29T23:59:59+00:00
Accession:  0001104659-23-076292
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Golden Minerals raises ~$2.1M via registered direct offering and private placement
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- Sold 790,000 shares at $1.45 and pre-funded warrants for 637,587 shares at $1.4499 each, gross proceeds ~$2.1M.
- Common warrants to purchase up to 1,427,587 shares at $1.90, exercisable 6 months after issuance, 5-year term.
- Offering closed June 29, 2023; proceeds for working capital and possible Unifin Financiera lawsuit settlement.
- Anti-dilution adjustments reduce exercise price of Series A warrants from $7.50 to $1.45 and Series B to $6.50.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1011509/000110465923076292/0001104659-23-076292-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1011509/000110465923076292/tm2319814d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-076292

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