secwatch.observer — SEC 8-K summary
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Issuer:     Swarmer, Inc (SWMR)
CIK:        0002092574
Form:       8-K
Filed at:   2026-03-18T23:59:59+00:00
Accession:  0001104659-26-031244
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Swarmer closes IPO of 3.45M shares at $5.00, raising $17.3M gross
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- IPO of 3,450,000 shares (incl. full overallotment) priced at $5.00/share; gross proceeds $17.3M.
- Net proceeds of ~$14.7M after underwriting discounts and expenses.
- Proceeds to fund operations, product expansion, hiring, and general corporate purposes.
- Series A Preferred converted into 6.14M common shares and pre-funded warrants for 1.8M shares.
- Common stock began trading on Nasdaq on March 17 under ticker SWMR.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2092574/000110465926031244/0001104659-26-031244-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2092574/000110465926031244/tm2529424d17_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-031244

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