secwatch.observer — SEC 8-K summary
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Issuer:     REGO PAYMENT ARCHITECTURES, INC. (RPMT)
CIK:        0001437283
Form:       8-K
Filed at:   2024-05-17T23:59:59+00:00
Accession:  0001214659-24-009469
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rego completes $25M Series B Preferred Stock offering; total capital raised exceeds $100M
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- Raised additional $3.5M via 38,889 shares of Series B Preferred Stock to complete $25M offering.
- Total capital raised since inception exceeds $100M.
- Also has $20M line of credit available; provides pathway for 2024 strategic goals.
- CEO Peter Pelullo cites financial pathway for execution of 2024 corporate goals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437283/000121465924009469/0001214659-24-009469-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437283/000121465924009469/z5162478k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-24-009469

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