secwatch.observer — SEC 8-K summary
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Issuer:     Digerati Technologies, Inc. (DTGI)
CIK:        0001014052
Form:       8-K
Filed at:   2022-08-22T23:59:59+00:00
Accession:  0001213900-22-050152
Event type: other
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Digerati Technologies enters equity purchase agreement for up to $5M with Peak One Opportunity Fund
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- Company may direct Peak One to buy up to $5M of common stock in multiple tranches over 24 months.
- Minimum put of $20,000; maximum per put is $250,000 or 250% of average daily trading value.
- Purchase price set at 88% of Market Price (lower of specified trading prices over 10 days before put or 7 days after clearing).
- Peak One must receive registered shares; Company to file resale registration statement within 30 days.
- Investor represented as accredited investor; agreement contains standard representations and conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1014052/000121390022050152/0001213900-22-050152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1014052/000121390022050152/ea164708-8k_digeratitech.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-050152

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