secwatch.observer — SEC 8-K summary
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Issuer:     Brag House Holdings, Inc. (TBH)
CIK:        0001903595
Form:       8-K
Filed at:   2025-07-30T23:59:59+00:00
Accession:  0001213900-25-069378
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brag House closes $15M PIPE offering of Series B preferred and warrants
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- Gross proceeds ~$15M from sale of 15,000 Series B convertible shares and 15.9M warrants to 12 accredited investors.
- Series B convertible at $0.942/share; warrants exercisable at $0.817/share, 5-year term.
- Proceeds for general corporate purposes and working capital; Revere Securities acted as placement agent.
- Pro forma equity above $2.5M to comply with Nasdaq Listing Rule 5550(b)(1).
- No voting rights for Series B holders; certificate of designation amended.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1903595/000121390025069378/0001213900-25-069378-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1903595/000121390025069378/ea0250726-8k_brag.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-069378

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