secwatch.observer — SEC 8-K summary
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Issuer:     Venus Concept Inc. (—)
CIK:        0001409269
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0001140361-24-009816
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1409269/000114036124009816/0001140361-24-009816-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1409269/000114036124009816/ef20022605_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-009816

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