secwatch.observer — SEC 8-K summary
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Issuer:     Hoth Therapeutics, Inc. (HOTH)
CIK:        0001711786
Form:       8-K
Filed at:   2023-09-15T23:59:59+00:00
Accession:  0001213900-23-077030
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hoth Therapeutics raises $2.89M via 1.1M shares and warrants at $2.63/share
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- Gross proceeds ~$2.89M from sale of 1,100,000 shares (or equivalents) and concurrent private placement of warrants.
- Warrants exercisable at $2.505/share for five years; issued to investors and placement agent (H.C. Wainwright).
- Placement agent fees: 7% cash fee plus 1% management fee and 55,000 placement agent warrants at $3.2875.
- Offering closed September 15, 2023; net proceeds for working capital and general corporate purposes.
- Shares offered under existing S-3 shelf registration; warrants unregistered under Section 4(a)(2) and Regulation D.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1711786/000121390023077030/0001213900-23-077030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1711786/000121390023077030/ea185246-8k_hoththera.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-077030

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