secwatch.observer — SEC 8-K summary
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Issuer:     APPLIED ENERGETICS, INC. (AERG)
CIK:        0000879911
Form:       8-K
Filed at:   2024-03-12T23:59:59+00:00
Accession:  0001213900-24-021832
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Applied Energetics converts DoD grant to contract; ceiling value $1.22M
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- Grant from U.S. Department of Defense customer transitioned into a contract effective March 12, 2024.
- New contract supersedes May 2022 grant; ceiling value of $1,217,535 with base period through Nov 11, 2024.
- Unfunded 12-month option period extends to Nov 11, 2025; company will provide more details upon government approval.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/879911/000121390024021832/0001213900-24-021832-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/879911/000121390024021832/ea0201659-8k_applied.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-021832

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