secwatch.observer — SEC 8-K summary
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Issuer:     SenesTech, Inc. (SNES)
CIK:        0001680378
Form:       8-K
Filed at:   2022-11-21T23:59:59+00:00
Accession:  0001213900-22-073932
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SenesTech closes $5M public offering of stock and warrants; net proceeds ~$4.25M
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- Offered 1,428,572 shares (or pre-funded warrants) plus Series A and B warrants at $3.50/unit, gross $5.0M.
- Net proceeds ~$4.25M after fees; funds for general corporate purposes including R&D and working capital.
- Amended existing warrants for 112,464 shares to reduce exercise price to $3.165 and extend to 5 years.
- H.C. Wainwright acted as exclusive placement agent with 7.5% cash fee and 1% management fee plus warrants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1680378/000121390022073932/0001213900-22-073932-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1680378/000121390022073932/ea168981-8k_senestech.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-073932

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