---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-102818"
form_type: "8-K"
ticker: "CREG"
cik: "0000721693"
company_name: "Smart Powerr Corp."
filed_at: "2025-10-28T23:59:59+00:00"
generated_at: "2026-05-17T02:04:18.310836+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Smart Powerr Corp. raises $20.06M through private placement of 17M units at $1.18/unit

## Summary
- Gross proceeds of $20,060,000 from sale of 17,000,000 units, each consisting of one share and one warrant.
- Warrants have five-year term, exercise price of $1.416 (120% of unit price); beneficial ownership cap of 4.99% (or up to 9.99% at holder's election).
- Proceeds for working capital and general corporate purposes; directors and officers subject to 90-day lock-up.
- Registration rights agreement requires filing resale registration statement within 30 days post-closing.
- Closing subject to customary conditions; as of report date, conditions not yet satisfied.

## SEC filing metadata
- accession: 0001213900-25-102818
- form_type: 8-K
- ticker: CREG
- cik: 0000721693
- company_name: Smart Powerr Corp.
- filed_at: 2025-10-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/721693/000121390025102818/0001213900-25-102818-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/721693/000121390025102818/ea0262612-8k_smart.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-102818
- JSON: https://secwatch.observer/filing/0001213900-25-102818.json
- Plain text: https://secwatch.observer/filing/0001213900-25-102818.txt

## Key facts
- Equity Issuances
  Smart Powerr Corp. issued warrant to certain accredited investors for $1.18 per Unit.
  - Security: warrant
  - Purchaser: certain accredited investors
  - Consideration: $1.18 per Unit
  source text: each consisting of one share of Common Stock, and one warrant, each exercisable to purchase one share of Common Stock (each, a “Warrant”), at a purchase price of $1.18 per Unit
  evidence_url: https://www.sec.gov/Archives/edgar/data/721693/000121390025102818/0001213900-25-102818-index.htm
- Equity Issuances
  Smart Powerr Corp. issued 17,000,000 shares of common stock of common stock to certain accredited investors for $1.18 per Unit.
  - Security: common stock
  - Shares: 17,000,000 shares of common stock
  - Purchaser: certain accredited investors
  - Consideration: $1.18 per Unit
  source text: the Company agreed to issue and sell, in a private placement (the “Private Placement”), an aggregate of 17,000,000 shares of common stock, par value $0.001 per share (the “Common Stock”) included in 17,000,000 units (the “Units”), each consisting of one share of Common Stock, and one warrant, each exercisable to purchase one share of Common Stock (each, a “Warrant”), at a purchase price of $1.18 per Unit
  evidence_url: https://www.sec.gov/Archives/edgar/data/721693/000121390025102818/0001213900-25-102818-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.