secwatch.observer — SEC 8-K summary
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Issuer:     Nuo Therapeutics, Inc. (AURX)
CIK:        0001091596
Form:       8-K
Filed at:   2024-05-21T23:59:59+00:00
Accession:  0001437749-24-017754
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuo Therapeutics raises $650,875 in private placement of 867,833 shares at $0.75/share
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- Gross proceeds of $650,875 from sale of 867,833 shares of common stock at $0.75 per share.
- Insiders invested $187,500 total: Scott Pittman ($101,250), Peter Clausen ($11,250), Charles Sheedy ($75,000).
- Proceeds to be used for working capital; shares sold under Rule 506(b) of the Securities Act.
- Post-closing shares outstanding increased to 45,109,349.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1091596/000143774924017754/0001437749-24-017754-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1091596/000143774924017754/aurx20240514_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-017754

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