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

Issuer:     Lite Strategy, Inc. (LITS)
CIK:        0001262104
Form:       8-K
Filed at:   2025-09-15T23:59:59+00:00
Accession:  0001193125-25-203520
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Investor exercises 1.595M pre-funded warrants in cashless exercise for 1.594M shares
--------------------------------------------------------------------------------

- On Sept 10, 2025, an investor exercised 1,595,000 pre-funded warrants issued at $3.4199 each in a cashless exercise.
- The exercise resulted in the issuance of 1,594,944 shares of common stock (ticker: LITS).
- Warrants were originally issued in a private placement on July 22, 2025, with total warrants for 6,022,869 shares.
- Exemption from registration relied on Section 4(a)(2) and Rule 506(b) of Regulation D.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1262104/000119312525203520/0001193125-25-203520-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1262104/000119312525203520/lits-20250910.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-203520

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