Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
SMITH MICRO SOFTWARE, INC. incurred loan of approximately $1,000,000 with Smith Living Trust at 15.0% per annum maturing March 31, 2026.
- Instrument
- loan
- Principal
- approximately $1,000,000
- Counterparty
- Smith Living Trust
- Rate
- 15.0% per annum
- Maturity
- March 31, 2026
- Event
- incurrence
Exact text from the filing
of $0.68 and will be exercisable during the period beginning August 3, 2026 and ending August 3, 2031. The gross proceeds to the Company from the closing totals approximately $1,000,000 (comprised of approximately $814,979 as a loan and approximately $185,021 for the purchase of the accompanying Warrant), before deducting transaction expenses payable by the
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Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
SMITH MICRO SOFTWARE, INC. issued warrant to Smith (Smith Living Trust, for which William W. Smith, Jr. and Dieva L. Smith serve as co-trustees) for approximately $185,021 for the purchase of the accompanying Warrant.
- Security
- warrant
- Purchaser
- Smith (Smith Living Trust, for which William W. Smith, Jr. and Dieva L. Smith serve as co-trustees)
- Consideration
- approximately $185,021 for the purchase of the accompanying Warrant
Exact text from the filing
On February 3, 2026, the Company and Smith completed a closing of a loan transaction under the Note Agreement, and the Company issued a Note and a Warrant to Smith pursuant to the terms of the Note Agreement. The Warrant has an exercise price of $0.68 and will be exercisable during the period beginning August 3, 2026 and ending August 3, 2031. The gross proceeds to the Company from the closing totals approximately $1,000,000 (comprised of approximately $814,979 as a loan and approximately $185,021 for the purchase of the accompanying Warrant)
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
SMITH MICRO SOFTWARE, INC. entered into Note Agreement with Smith Living Trust valued at approximately $1,000,000 (effective 2026-02-03).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- Smith Living Trust
- Value
- approximately $1,000,000
- Effective
- 2026-02-03
Exact text from the filing
On February 3, 2026, Smith Micro Software, Inc. (the “Company”) entered into a Note Purchase Agreement (the “Note Agreement”) with the Smith Living Trust, for which William W. Smith, Jr., the Company’s chairman, president and chief executive officer, and his wife, Dieva L. Smith, serve as co-trustees (“Smith”).
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