secwatch.observer — SEC 8-K summary
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Issuer:     Greenland Technologies Holding Corp. (GTEC)
CIK:        0001735041
Form:       8-K
Filed at:   2022-07-27T23:59:59+00:00
Accession:  0001213900-22-042088
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GTEC raises $10M in registered direct and private placement
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- Gross proceeds ~$10M from 1.25M shares at $4.17/shr plus pre-funded and common warrants.
- Private placement units at $5.089 each: pre-funded warrants for 616K shares and 4.53M common warrants at $4.49.
- Closed July 27, 2022; Aegis Capital acted as exclusive placement agent at 7% commission.
- Proceeds to be used for working capital and general corporate purposes.
- Officers, directors and 10%+ holders entered 90-day lock-up agreements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1735041/000121390022042088/0001213900-22-042088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1735041/000121390022042088/ea163436-8k_greenland.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-042088

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