secwatch.observer — SEC 8-K summary
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Issuer:     Aqua Metals, Inc. (AQMS)
CIK:        0001621832
Form:       8-K
Filed at:   2023-07-21T23:59:59+00:00
Accession:  0001437749-23-020442
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aqua Metals raises $5M from Yulho in direct offering; agrees to license AquaRefining tech in South Korea
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- Sold 4,545,455 shares at $1.10/share to Yulho for gross proceeds of $5M.
- Yulho agrees to 6-month lock-up on the shares from closing.
- Parties will negotiate a definitive license agreement within 90 days for AquaRefining technology in South Korea.
- Proposed license royalty starts at 1% of net sales, increasing to 8%.
- Closing expected on or about August 4, 2023, subject to customary conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1621832/000143774923020442/0001437749-23-020442-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1621832/000143774923020442/aqms20230720_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-020442

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