secwatch.observer — SEC 8-K summary
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Issuer:     Fossil Group, Inc. (FOSL)
CIK:        0000883569
Form:       8-K
Filed at:   2025-08-13T23:59:59+00:00
Accession:  0001140361-25-030865
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fossil Group exchanges 2.5M common shares for pre-funded warrants at $0.01 exercise price
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- Fossil entered securities exchange agreement: 2,500,000 common shares surrendered for equal number of pre-funded warrants at $0.01/share exercise price.
- Company pays $0.01 per surrendered share ($25,000 total); warrants have no expiration and 9.99% beneficial ownership limitation.
- Warrants have a 19.99% exercisability cap unless stockholder approval obtained per Nasdaq Rules 5635(b) and 5635(d).
- Warrants issued under Section 3(a)(9) and 4(a)(2) exemptions; company to file resale registration statement for warrant shares later.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/883569/000114036125030865/0001140361-25-030865-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/883569/000114036125030865/ef20053854_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-030865

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