secwatch.observer — SEC 8-K summary
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Issuer:     Energous Corp (WATT)
CIK:        0001575793
Form:       8-K
Filed at:   2024-02-20T23:59:59+00:00
Accession:  0001193125-24-039956
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energous raises ~$1.7M net in registered direct offering of common, pre-funded warrants, and warrants
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- Gross proceeds $2.0M; net proceeds ~$1.7M after fees; offering price $1.96 per share/unit.
- Offering comprises 570,000 common shares, 450,409 pre-funded warrants ($0.001 exercise), and 1,020,409 warrants ($1.84 exercise, 5-yr term).
- Proceeds earmarked for working capital, R&D, potential acquisitions, regulatory activities, and business development.
- Roth Capital served as exclusive placement agent; closing occurred on February 20, 2024.
- Warrants are immediately exercisable upon issuance and expire five years from issuance date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1575793/000119312524039956/0001193125-24-039956-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1575793/000119312524039956/d755387d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-039956

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