---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-027430"
form_type: "8-K"
ticker: null
cik: "0001735948"
company_name: "Greenbrook TMS Inc."
filed_at: "2024-02-26T23:59:59+00:00"
generated_at: "2026-06-05T15:23:20.367735+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Greenbrook TMS raises ~$565K via registered direct offering at $0.20/share amid Nasdaq delisting

## Summary
- Offering reduced from 6M to 2.83M common shares after delisting notice; gross proceeds ~$565,649.
- Net proceeds ~$340,650, to be used for general working capital.
- Company confirms forthcoming delisting from Nasdaq; includes updated tax disclosure in prospectus supplement.
- Directors and executive officers entered into 90-day lock-up agreements commencing Feb 23, 2024.

## SEC filing metadata
- accession: 0001104659-24-027430
- form_type: 8-K
- cik: 0001735948
- company_name: Greenbrook TMS Inc.
- filed_at: 2024-02-26T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1735948/000110465924027430/0001104659-24-027430-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1735948/000110465924027430/tm247187d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-027430
- JSON: https://secwatch.observer/filing/0001104659-24-027430.json
- Plain text: https://secwatch.observer/filing/0001104659-24-027430.txt

## Key facts
- Material Agreements
  Greenbrook TMS Inc. amended Amended and Restated Securities Purchase Agreement with certain purchasers valued at approximately US$565,649 (effective 2024-02-23).
  - Action: amendment
  - Agreement: equity purchase
  - Counterparty: certain purchasers
  - Value: approximately US$565,649
  - Effective: 2024-02-23
  source text: On February 23, 2024, the Company amended and restated the Securities Purchase Agreement (the “ Amended and Restated Securities Purchase Agreement ”) with the same purchasers, to reduce the offering size after receiving notice of its delisting from the Nasdaq Capital Market (“ Nasdaq ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1735948/000110465924027430/0001104659-24-027430-index.htm
- Material Agreements
  Greenbrook TMS Inc. entered into Securities Purchase Agreement with certain purchasers valued at approximately US$1.2 million (effective 2024-02-21).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain purchasers
  - Value: approximately US$1.2 million
  - Effective: 2024-02-21
  source text: On February 21, 2024, Greenbrook TMS Inc. (the “ Company ”) entered into a securities purchase agreement (the “ Securities Purchase Agreement ”) with certain purchasers for the purchase and sale of 6,000,000 shares of the Company’s common shares (“ Common Shares ”) pursuant to a registered direct offering.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1735948/000110465924027430/0001104659-24-027430-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.