secwatch.observer — SEC 8-K summary
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Issuer:     Envoy Medical, Inc. (COCH)
CIK:        0001840877
Form:       8-K
Filed at:   2024-05-24T23:59:59+00:00
Accession:  0001213900-24-046417
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Envoy Medical draws $2.5M under note from GAT Funding; issues warrant for 250K shares
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- Drew $2.5M from GAT Funding LLC (controlled by director Glen Taylor); aggregate $7.5M of $10M max.
- Issued warrant to purchase 250K shares of Class A common at $3.04 (closing price), expiring Feb 27, 2026.
- Warrant serves as commitment fee for the draw; unregistered, exempt under Section 4(a)(2)/Reg D.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840877/000121390024046417/0001213900-24-046417-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840877/000121390024046417/ea0206834-8k_envoy.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-046417

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