secwatch.observer — SEC 8-K summary
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Issuer:     NETLIST INC (NLST)
CIK:        0001282631
Form:       8-K
Filed at:   2023-08-15T23:59:59+00:00
Accession:  0001104659-23-092017
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Netlist raises $30M via registered direct offering of common stock and warrants
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- Offering of 11,111,112 shares at $2.70/share plus warrants for 11,111,112 shares at $3.20, 5-year term.
- Gross proceeds ~$30M; net proceeds ~$28.6M after fees and costs.
- Proceeds for working capital and general corporate purposes; closing expected Aug 17, 2023.
- Lock-up agreements with directors and officers for 90 days from closing.
- Roth Capital Partners acting as exclusive placement agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1282631/000110465923092017/0001104659-23-092017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1282631/000110465923092017/tm2323803d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-092017

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