secwatch.observer — SEC 8-K summary
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Issuer:     SmartRent, Inc. (SMRT)
CIK:        0001837014
Form:       8-K
Filed at:   2021-08-30T23:59:59+00:00
Accession:  0001193125-21-260632
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 2.01, 5.06, 3.02, 2.02, 3.03, 5.03, 4.01, 5.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SmartRent completes SPAC merger with FWAA; receives $155M PIPE; begins trading Aug 25
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- FWAA stockholders approved merger; 246 shares redeemed for ~$10 each ($2,460 total).
- Legacy SmartRent stockholders received ~4.8846 shares of new SmartRent per share.
- PIPE investors subscribed for 15,500,000 shares at $10 each, aggregate $155M.
- Following Closing, 193,716,196 shares of Class A common stock outstanding; trading on NYSE under SMRT begins Aug 25.
- Board changes: six directors appointed; Ann Sperling added; Brendan Wallace and others resigned.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1837014/000119312521260632/0001193125-21-260632-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1837014/000119312521260632/d166902d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-260632

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