secwatch.observer — SEC 8-K summary
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Issuer:     BIOLARGO, INC. (BLGO)
CIK:        0000880242
Form:       8-K
Filed at:   2026-03-25T23:59:59+00:00
Accession:  0001437749-26-009813
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BioLargo enters $10M equity purchase agreement with Clearthink Capital Partners
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- Clearthink commits to buy up to $10M of BioLargo common stock over 36 months under a Strata purchase agreement.
- Draws limited to $500K per notice; pricing equals avg of two lowest closing prices in prior 8 trading days; min $25K.
- BioLargo issued 500,000 commitment shares to Clearthink as consideration; no cash proceeds from those shares.
- Clearthink prohibited from short selling or hedging during term; beneficial ownership capped at 9.99%.
- Proceeds to be used for working capital and general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880242/000143774926009813/0001437749-26-009813-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880242/000143774926009813/blgo20260319_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-009813

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