---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-009131"
form_type: "8-K"
ticker: "CUEN"
cik: "0001424657"
company_name: "Cuentas Inc."
filed_at: "2023-02-08T23:59:59+00:00"
generated_at: "2026-06-19T21:37:35.729536+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cuentas raises ~$5M gross in registered direct offering and private placement

## Summary
- Sold 2,123,478 shares and pre-funded warrants for 1,664,401 shares at combined price of $1.32 per unit.
- Issued warrants to purchase 3,787,879 shares exercisable at $1.335 per share, starting six months after issuance.
- Net proceeds expected ~$4.3M after placement agent fees and expenses; funds for general corporate purposes and working capital.
- Placement agent H.C. Wainwright receives 7% cash fee and warrants to purchase 265,152 shares at $1.782 per share.

## SEC filing metadata
- accession: 0001213900-23-009131
- form_type: 8-K
- ticker: CUEN
- cik: 0001424657
- company_name: Cuentas Inc.
- filed_at: 2023-02-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1424657/000121390023009131/0001213900-23-009131-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1424657/000121390023009131/ea172899-8k_cuentasinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-009131
- JSON: https://secwatch.observer/filing/0001213900-23-009131.json
- Plain text: https://secwatch.observer/filing/0001213900-23-009131.txt

## Key facts
- Material Agreements
  Cuentas Inc. entered into Purchase Agreement with an institutional investor valued at approximately $5 million (effective 2023-02-06).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: an institutional investor
  - Value: approximately $5 million
  - Effective: 2023-02-06
  source text: On February 6, 2023, Cuentas Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with an institutional investor (the “Investor”) for the purpose of raising approximately $5 million in gross proceeds for the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1424657/000121390023009131/0001213900-23-009131-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.