secwatch.observer — SEC 8-K summary
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Issuer:     Smart Powerr Corp. (CREG)
CIK:        0000721693
Form:       8-K
Filed at:   2025-03-10T23:59:59+00:00
Accession:  0001213900-25-021927
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Smart Powerr Corp raises ~$2.48M in registered direct offering of 4.06M shares at $0.61/share
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- Issued 4,060,000 shares of common stock at $0.61 per share for aggregate gross proceeds of ~$2.48M.
- Net proceeds of approximately $2.4M after expenses; will be used for working capital and general corporate purposes.
- Offering made under effective shelf registration statement (File No. 333-281639) declared effective Aug 29, 2024.
- Company agreed to a 90-day prohibition on issuing any securities without purchasers' prior written consent.
- Variable-pricing securities are also restricted for as long as purchasers hold any shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/721693/000121390025021927/0001213900-25-021927-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/721693/000121390025021927/ea0233540-8k_smart.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-021927

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