secwatch.observer — SEC 8-K summary
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Issuer:     Synergy CHC Corp. (SNYR)
CIK:        0001562733
Form:       8-K
Filed at:   2026-05-11T23:59:59+00:00
Accession:  0001213900-26-054186
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synergy CHC enters up to $36M equity purchase agreement with Hudson Global Ventures
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- Equity line of credit allows company to sell up to $36M of common stock over 24 months at 95% of market price.
- Hudson Global received a warrant to purchase 1,540,000 shares at $0.01 per share, exercisable for 5 years.
- Minimum put size $25,000; maximum $2.5M or 200% of average daily trading value per put.
- Company must file registration statement within 30 days; covenants restrict other variable-rate transactions.
- Warrant automatically extinguishes if stock becomes a penny stock; beneficial ownership limited to 4.99%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1562733/000121390026054186/0001213900-26-054186-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1562733/000121390026054186/ea0289929-8k_synergy.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-054186

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