---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-009816"
form_type: "8-K"
ticker: null
cik: "0001409269"
company_name: "Venus Concept Inc."
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T11:20:36.606675+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Venus Concept raises $1.2M via direct offering; Nasdaq delisting hearing pushed to March 5

## Summary
- Sold 817,748 shares at $1.465 plus warrants for 817,748 shares at $1.34, expires in 5 years.
- Gross proceeds ~$1.2M; net proceeds for working capital and general corporate purposes.
- Nasdaq delisting hearing for minimum bid price non-compliance rescheduled to March 5, 2024.
- Hearing request stays delisting; Panel may grant extension up to May 28, 2024.
- H.C. Wainwright placement agent; cash fee 7% of gross proceeds plus placement agent warrants.

## SEC filing metadata
- accession: 0001140361-24-009816
- form_type: 8-K
- cik: 0001409269
- company_name: Venus Concept Inc.
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1409269/000114036124009816/0001140361-24-009816-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1409269/000114036124009816/ef20022605_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-009816
- JSON: https://secwatch.observer/filing/0001140361-24-009816.json
- Plain text: https://secwatch.observer/filing/0001140361-24-009816.txt

## Key facts
- Material Agreements
  Venus Concept Inc. entered into SPA with certain institutional investors valued at approximately $1.2 million (effective 2024-02-22).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain institutional investors
  - Value: approximately $1.2 million
  - Effective: 2024-02-22
  source text: On February 22, 2024, Venus Concept Inc., a Delaware corporation (the “ Company ”), entered into a securities purchase agreement (the “ SPA ”) with certain institutional investors (each, an “ Investor ”), pursuant to which the Company agreed to issue and sell to the Investors (i) in a registered direct offering, an aggregate of 817,748 shares
  evidence_url: https://www.sec.gov/Archives/edgar/data/1409269/000114036124009816/0001140361-24-009816-index.htm

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