secwatch.observer — SEC 8-K summary
======================================

Issuer:     biote Corp. (BTMD)
CIK:        0001819253
Form:       8-K
Filed at:   2022-07-28T23:59:59+00:00
Accession:  0001193125-22-204281
Event type: other
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

biote Corp. enters Standby Equity Purchase Agreement for up to 5M shares with Yorkville
--------------------------------------------------------------------------------

- Agreement with YA II PN, Ltd. (Yorkville) allows biote to sell up to 5,000,000 shares of Class A common stock over 36 months.
- Purchase price set at 97% of lowest daily VWAP during a three-day pricing period.
- As consideration, biote issued 25,000 Commitment Shares upon execution.
- Yorkville's purchase obligation subject to conditions including effective registration statement; shares exempt from registration under Section 4(a)(2).
- Ownership limitation caps Yorkville's beneficial ownership at 4.99% of outstanding common stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819253/000119312522204281/0001193125-22-204281-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819253/000119312522204281/d323810d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-204281

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