secwatch.observer — SEC 8-K summary
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Issuer:     SenesTech, Inc. (SNES)
CIK:        0001680378
Form:       8-K
Filed at:   2023-11-29T23:59:59+00:00
Accession:  0001213900-23-091021
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SenesTech closes $5M public offering of common stock and warrants
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- Raised ~$5M gross from offering of 3,846,154 units (common stock or pre-funded warrants) at $1.30/unit, plus Series D and E warrants.
- Net proceeds ~$4.2M after fees; intended for R&D, capex, working capital, and potential acquisitions.
- Placement agent H.C. Wainwright & Co. received 7.5% cash fee plus warrants to purchase 288,462 shares at $1.625.
- Series D warrants exercisable at $1.30 for 5 years; Series E warrants at $1.30 for 18 months; pre-funded warrants at $0.0001.
- Offering closed Nov 29, 2023; priced Nov 27.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1680378/000121390023091021/0001213900-23-091021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1680378/000121390023091021/ea189188-8k_senestech.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-091021

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