---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-034101"
form_type: "8-K"
ticker: "SMSI"
cik: "0000948708"
company_name: "SMITH MICRO SOFTWARE, INC."
filed_at: "2025-11-10T23:59:59+00:00"
generated_at: "2026-05-16T22:51:34.707243+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Smith Micro raises $2.65M in offerings; CEO invests $1.5M

## Summary
- Total gross proceeds of ~$2.65M from two concurrent offerings; CEO Bill Smith commits $1.5M.
- Registered offering: 1,714,373 shares + warrants at $0.6708/shr raises ~$1.15M.
- Private placement: CEO buys 2,236,136 shares + warrants at $0.6708/shr for $1.5M.
- Warrants exercisable at $0.6708; registered warrants vest after 6 months, private warrants need shareholder approval; 5-yr term.
- Net proceeds for working capital and general corporate purposes; closings expected Nov 6, 2025.

## SEC filing metadata
- accession: 0001437749-25-034101
- form_type: 8-K
- ticker: SMSI
- cik: 0000948708
- company_name: SMITH MICRO SOFTWARE, INC.
- filed_at: 2025-11-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/948708/000143774925034101/0001437749-25-034101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/948708/000143774925034101/smsi20251107_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-034101
- JSON: https://secwatch.observer/filing/0001437749-25-034101.json
- Plain text: https://secwatch.observer/filing/0001437749-25-034101.txt

## Key facts
- Equity Issuances
  SMITH MICRO SOFTWARE, INC. issued 2,236,136 unregistered shares of the Company’s Common Stock of common stock to the Company’s Chief Executive Officer for at an offering price of $0.6708 per share.
  - Security: common stock
  - Shares: 2,236,136 unregistered shares of the Company’s Common Stock
  - Purchaser: the Company’s Chief Executive Officer
  - Consideration: at an offering price of $0.6708 per share
  source text: the Company separately entered into a second securities purchase agreement (the “Private Placement Purchase Agreement”) with the Company’s Chief Executive Officer (the “Purchaser”) relating to a private placement transaction and sale of 2,236,136 unregistered shares of the Company’s Common Stock at an offering price of $0.6708 per share of Common Stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/948708/000143774925034101/0001437749-25-034101-index.htm
- Equity Issuances
  SMITH MICRO SOFTWARE, INC. issued up to an aggregate of 1,714,373 shares of Common Stock of warrant to certain institutional and accredited investors.
  - Security: warrant
  - Shares: up to an aggregate of 1,714,373 shares of Common Stock
  - Purchaser: certain institutional and accredited investors
  source text: the Company also agreed to sell to the RDO Purchasers unregistered warrants (the “Common Warrants”) to purchase up to an aggregate of 1,714,373 shares of Common Stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/948708/000143774925034101/0001437749-25-034101-index.htm
- Equity Issuances
  SMITH MICRO SOFTWARE, INC. issued up to an aggregate of 2,236,136 shares of Common Stock of warrant to the Company’s Chief Executive Officer.
  - Security: warrant
  - Shares: up to an aggregate of 2,236,136 shares of Common Stock
  - Purchaser: the Company’s Chief Executive Officer
  source text: the Company separately entered into a second securities purchase agreement (the “Private Placement Purchase Agreement”) with the Company’s Chief Executive Officer (the “Purchaser”) relating to a private placement transaction and sale of 2,236,136 unregistered shares of the Company’s Common Stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/948708/000143774925034101/0001437749-25-034101-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.