{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-020391","form_type":"8-K","ticker":"SMSI","cik":"0000948708","company_name":"SMITH MICRO SOFTWARE, INC.","filed_at":"2026-06-12T12:36:22+00:00","discovered_at":"2026-06-12T12:40:00.431121+00:00","generated_at":"2026-06-12T12:40:09.322548+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Smith Micro raises ~$1.6M via warrant inducement; existing warrants exercised at $3.35","bullets":["Holders exercised warrants for 487,349 shares at reduced price of $3.35 (from $5.20), raising ~$1.6M gross proceeds.","Company issued new unregistered warrants for 487,349 shares at $3.80, exercisable immediately for 5 years.","Proceeds to be used for working capital and general corporate purposes; closing expected June 15, 2026.","Company to file resale registration statement for new warrant shares within 30 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-020391","json":"https://secwatch.observer/filing/0001437749-26-020391.json","markdown":"https://secwatch.observer/filing/0001437749-26-020391.md","text":"https://secwatch.observer/filing/0001437749-26-020391.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/948708/000143774926020391/0001437749-26-020391-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/948708/000143774926020391/smsi20260612_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T12:40:09.322548+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c7b58913c928bb54f8c54406fcf7c65e15139b97","claim":"SMITH MICRO SOFTWARE, INC. issued up to an aggregate of 487,349 shares of Common Stock of warrant to certain holders of existing Common Warrants for reduced exercise price of $3.35 per share in consideration for the Company's agreement to issue new unregistered Common Stock warrants to purchase up an aggrega.","evidence_excerpt":"the Holders agreed to exercise the Warrants for cash at a reduced exercise price of $3.35 per share in consideration for the Company’s agreement to issue new unregistered Common Stock warrants to purchase up an aggregate of 487,349 shares of Common Stock at an exercise price of $3.80 per share (the “Inducement Transaction”)","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/948708/000143774926020391/0001437749-26-020391-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"warrant"},{"label":"Shares","value":"up to an aggregate of 487,349 shares of Common Stock"},{"label":"Purchaser","value":"certain holders of existing Common Warrants"},{"label":"Consideration","value":"reduced exercise price of $3.35 per share in consideration for the Company's agreement to issue new unregistered Common Stock warrants to purchase up an aggrega"}],"fact_type":"equity_issuance"},{"claim_id":"0f957537df2862c30990cfbf0213b9048e5179b0","claim":"SMITH MICRO SOFTWARE, INC. entered into Inducement Letter Agreements with certain holders of existing Common Warrants valued at approximately $1.6 million (effective 2026-06-11).","evidence_excerpt":"On June 11, 2026, Smith Micro Software, Inc., a Delaware corporation (the “Company”), entered into inducement letter agreements (collectively, the “Inducement Letter Agreements”) with certain holders (the “Holders”) of its existing Common Warrants to purchase an aggregate of 487,349 shares of the Company’s common stock","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/948708/000143774926020391/0001437749-26-020391-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain holders of existing Common Warrants"},{"label":"Value","value":"approximately $1.6 million"},{"label":"Effective","value":"2026-06-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}