{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-025877","form_type":"8-K","ticker":"TWAV","cik":"0000746210","company_name":"TaoWeave, Inc.","filed_at":"2023-04-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.142550+00:00","generated_at":"2026-06-17T07:25:08.438171+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Oblong raises ~$6.4M via private placement of Series F convertible preferred and warrants","bullets":["Gross proceeds $6,386,250; $4M held in escrow pending stockholder approval for share issuance.","Issued 6,550 Series F preferred shares convertible at $1.71/share plus preferred and common warrants.","Preferred shares carry 9% annual dividend (20% default rate) and conversion price adjustable on full ratchet.","Placement agent Dawson James receives 8% cash fee and warrants for 306,433 shares at $1.71.","Agreed to reduce exercise prices of existing warrants from prior private placements."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-025877","json":"https://secwatch.observer/filing/0001213900-23-025877.json","markdown":"https://secwatch.observer/filing/0001213900-23-025877.md","text":"https://secwatch.observer/filing/0001213900-23-025877.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/746210/000121390023025877/0001213900-23-025877-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/746210/000121390023025877/ea176297-8k_oblong.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T07:25:08.438171+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7f806b914785520057f52b665a9906d21a69aa99","claim":"TaoWeave, Inc. entered into Securities Purchase Agreement with certain accredited investors valued at aggregate gross proceeds expected to be $6,386,250 (effective 2023-03-30).","evidence_excerpt":"On March 30, 2023, Oblong, Inc. (“ we ” or the “ Company ”) entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with certain accredited investors (the “ Investors” ), pursuant to which we issued and sold, in a private placement transaction (the “ Private Placement ”) (i) 6,550 shares (“ Preferred Shares ”) of our newly designated Series F convertible preferred stock, $0.0001 par value per share (the “ Series F Preferred Stock ”), initially convertible into up to 3,830,409 shares of our common stock, par value $0.0001 per share (“ Common Stock ”), (ii) preferred warrants (“ Preferred Warrants ”) to acquire up to 32,750 shares of Series F Preferred Stock (the “ Warrant Preferred Shares ”) and (iii) common warrants (“ Common Warrants ”, and with the Preferred Warrants, the “ Warrants ”), to acquire up to 3,830,413 shares of Common Stock.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/746210/000121390023025877/0001213900-23-025877-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain accredited investors"},{"label":"Value","value":"aggregate gross proceeds expected to be $6,386,250"},{"label":"Effective","value":"2023-03-30"}],"fact_type":"material_agreement"},{"claim_id":"bac7f3d40f932139b1c96fefc4ef1d94e81be06c","claim":"TaoWeave, Inc. entered into Engagement Letter with Dawson James Securities Inc. valued at cash fee equal to 8% of aggregate gross proceeds raised in the Private Placement and Placement Agent (effective 2023-03-30).","evidence_excerpt":"In connection with the Private Placement, pursuant to an Engagement Letter dated March 30, 2023 (the “ Engagement Letter ”), between the Company and Dawson James Securities Inc. (the “ Placement Agent ”), the Company has agreed to (i) pay the Placement Agent a cash fee equal to 8% of the aggregate gross proceeds raised in the Private Placement, and (ii) grant to the Placement Agent warrants (the “ Placement Agent Warrants ”) to purchase 306,433 shares of Common Stock at an initial exercise price of $1.71.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/746210/000121390023025877/0001213900-23-025877-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"Dawson James Securities Inc."},{"label":"Value","value":"cash fee equal to 8% of aggregate gross proceeds raised in the Private Placement and Placement Agent"},{"label":"Effective","value":"2023-03-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}