secwatch.observer — SEC 8-K summary
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Issuer:     Ispire Technology Inc. (ISPR)
CIK:        0001948455
Form:       8-K
Filed at:   2024-03-27T23:59:59+00:00
Accession:  0001213900-24-026641
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ispire Technology closes $12.3M public offering of 2.05M shares at $6.00
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- Gross proceeds $12.3M; net ~$10.6M after placement agent fees and expenses.
- Shares priced at $6.00; offering closed on March 26, 2024.
- Net proceeds to fund Malaysia manufacturing facility and joint venture with Berify/Chemular, plus working capital and R&D.
- After closing, 56,329,396 shares outstanding; Roth Capital led placement with TFI Securities.
- 90-day lock-up on share issuance and 180-day restriction on variable-rate transactions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1948455/000121390024026641/0001213900-24-026641-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1948455/000121390024026641/ea0202627-8k_ispire.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-026641

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