secwatch.observer — SEC 8-K summary
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Issuer:     CYANOTECH CORP (CYAN)
CIK:        0000768408
Form:       8-K
Filed at:   2023-12-19T23:59:59+00:00
Accession:  0001437749-23-034882
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cyanotech completes $400K private placement of 400K shares at $1.00
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- Sold 400,000 shares at $1.00/share for gross proceeds of $400K to The Michael Arlen Davis Revocable Trust.
- Proceeds will be used for general working capital.
- Shares are restricted with piggyback registration rights; issued under Section 4(a)(2) exemption.
- Investor is an accredited investor; shares not registered under Securities Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/768408/000143774923034882/0001437749-23-034882-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/768408/000143774923034882/cyan20231215_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-034882

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