---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-029094"
form_type: "8-K"
ticker: "SNES"
cik: "0001680378"
company_name: "SenesTech, Inc."
filed_at: "2023-04-12T23:59:59+00:00"
generated_at: "2026-06-17T03:08:31.777486+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SenesTech raises $1.5M in registered direct offering of 857,146 shares at $1.75 plus warrants

## Summary
- Sold 857,146 shares and Series C warrants for gross proceeds of ~$1.5M; offering closed April 12, 2023.
- Series C warrants exercisable at $1.62/share, immediately exercisable, 5.5-year term; cashless exercise option if registration not effective.
- Placement agent H.C. Wainwright received 7.5% cash fee, 1% management fee, and warrants for 64,286 shares at $2.1875.
- Net proceeds to be used for general corporate purposes; offering priced at-the-market under Nasdaq rules.

## SEC filing metadata
- accession: 0001213900-23-029094
- form_type: 8-K
- ticker: SNES
- cik: 0001680378
- company_name: SenesTech, Inc.
- filed_at: 2023-04-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1680378/000121390023029094/0001213900-23-029094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1680378/000121390023029094/ea176827-8k_senestech.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-029094
- JSON: https://secwatch.observer/filing/0001213900-23-029094.json
- Plain text: https://secwatch.observer/filing/0001213900-23-029094.txt

## Key facts
- Material Agreements
  SenesTech, Inc. entered into Securities Purchase Agreement with H.C. Wainwright & Co., LLC valued at aggregate proceeds of approximately $1.5 million; 857,146 shares of common stock at $1.75 per share (effective 2023-04-10).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: H.C. Wainwright & Co., LLC
  - Value: aggregate proceeds of approximately $1.5 million; 857,146 shares of common stock at $1.75 per share
  - Effective: 2023-04-10
  source text: On April 10, 2023, we entered into a Securities Purchase Agreement (the “Purchase Agreement”), pursuant to which we agreed to sell and issue in a registered direct offering (the “Registered Direct Offering”) an aggregate of 857,146 shares of our common stock (the “Shares”) and, in a concurrent private placement (the “Private Placement” and together with the Registered Direct Offering, the “Offerings”), unregistered warrants to purchase up to 857,146 shares of common stock (“Series C Warrants”), at an offering price of $1.75 per Share and associated Series C Warrant.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1680378/000121390023029094/0001213900-23-029094-index.htm

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