secwatch.observer — SEC 8-K summary
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Issuer:     GAIA, INC (GAIA)
CIK:        0001089872
Form:       8-K
Filed at:   2025-02-07T23:59:59+00:00
Accession:  0001140361-25-003565
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gaia raises $8.0M in underwritten public offering of 1.6M shares at $5.00/share
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- Gross proceeds ~$8.0M from 1,600,000 shares Class A common stock at $5.00/share.
- Net proceeds ~$7.2M after underwriting discounts and estimated offering expenses.
- Proceeds to fund AI enhancements, Gaia Community project, and general corporate purposes.
- Underwriters granted 45-day option for up to 240,000 additional shares to cover over-allotments.
- Roth Capital Partners and Lake Street Capital Markets acted as joint book-running managers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1089872/000114036125003565/0001140361-25-003565-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1089872/000114036125003565/ny20042856x2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-003565

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