secwatch.observer — SEC 8-K summary
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Issuer:     Dror Ortho-Design, Inc. (DROR)
CIK:        0001282980
Form:       8-K
Filed at:   2023-09-18T23:59:59+00:00
Accession:  0001387131-23-011287
Event type: other_material
Sentiment:  negative
Materiality: 0.50
Item codes: 1.01, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Dror Ortho-Design raises $200K in second closing of private placement; issues preferred stock and warrants
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- Second closing on Sept 13, 2023: sold 181,818.17 preferred shares and 18,181,817 warrants.
- Gross proceeds of $200,000 from the second closing; effective price $0.011/share.
- Warrants exercisable at $0.033 per share for five years.
- Securities issued under Reg S/Reg D exemptions; unregistered and restricted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1282980/000138713123011287/0001387131-23-011287-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1282980/000138713123011287/dror_8k-091323.htm
  HTML page:      https://secwatch.observer/filing/0001387131-23-011287

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