secwatch.observer — SEC 8-K summary
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Issuer:     SenesTech, Inc. (SNES)
CIK:        0001680378
Form:       8-K
Filed at:   2023-04-12T23:59:59+00:00
Accession:  0001213900-23-029094
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1680378/000121390023029094/0001213900-23-029094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1680378/000121390023029094/ea176827-8k_senestech.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-029094

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