secwatch.observer — SEC 8-K summary
======================================

Issuer:     International Land Alliance Inc. (ILAL)
CIK:        0001657214
Form:       8-K
Filed at:   2021-07-29T23:59:59+00:00
Accession:  0001493152-21-018010
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ILAL raises $2.0M in private placement; 3M shares at $0.68, warrants attached
-----------------------------------------------------------------------------

- Entered purchase agreement for 3M shares at $0.68/share, plus 3M warrants at $0.68, raising ~$2.0M gross.
- Warrants immediately exercisable, expire in 5.5 years.
- Placement agent H.C. Wainwright receives 8% cash fee, 1% mgmt fee, and 180K placement agent warrants at $0.85.
- Proceeds to accelerate development at luxury communities in Baja California, including infrastructure and condominiums; also debt retirement and working capital.
- Registration rights agreement requires filing resale registration statement within 30 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1657214/000149315221018010/0001493152-21-018010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1657214/000149315221018010/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-018010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer