Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
ShiftPixy, Inc. entered into Purchase Agreement with an investor (effective 2024-03-19).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- an investor
- Effective
- 2024-03-19
Exact text from the filing
On March 19, 2024, ShiftPixy, Inc. (the “Company”) priced a “reasonable best efforts” offering (the “Offering”) for the sale by the Company of an aggregate of 590,000 shares of common stock, 586,470 pre-funded warrants (the “Pre-funded Warrants”), and 1,176,470 common warrants (“Common Warrants”) pursuant to a securities purchase agreement with an investor (“Purchase Agreement”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
ShiftPixy, Inc. amended Engagement Agreement with A.G.P./Alliance Global Partners (effective 2024-03-18).
- Action
- amendment
- Agreement
- underwriting
- Counterparty
- A.G.P./Alliance Global Partners
- Effective
- 2024-03-18
Exact text from the filing
A.G.P./Alliance Global Partners acted as placement agent for the Offering and received a fee of 7% of the gross proceeds, and reimbursement of certain expenses, pursuant to an engagement agreement between the Company and AGP, dated January 8, 2024, as amended on March 18, 2024 (as amended, the “Engagement Agreement”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.7
ShiftPixy, Inc. amended Warrant Amendment with an investor (effective 2024-03-21).
- Action
- amendment
- Agreement
- equity purchase
- Counterparty
- an investor
- Effective
- 2024-03-21
Exact text from the filing
Effective upon closing of the Offering, pursuant to an amendment to common stock purchase warrants (the “Warrant Amendment”), the exercise price of an aggregate of 97,850 outstanding warrants the Company issued to an investor in July 2022 and July 2023 was reduced to $4.25 and the term of these warrants was extended such that they will expire on March 21, 2029.
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