---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-024644"
form_type: "8-K"
ticker: "BWMG"
cik: "0001166708"
company_name: "Brownie's Marine Group, Inc"
filed_at: "2021-10-05T23:59:59+00:00"
generated_at: "2026-06-28T22:50:44.555653+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Brownie's Marine Group raises $365K in private placement of Units with warrants

## Summary
- Closed private placement of 14.6M Units at $0.025/Unit for gross proceeds of $365,000.
- Each Unit consists of one restricted share and a two-year warrant exercisable at $0.025.
- Director Charles Hyatt and an affiliate purchased 10.6M Units (73% of offering).
- No commissions or finders' fees; proceeds will be used for working capital.

## SEC filing metadata
- accession: 0001493152-21-024644
- form_type: 8-K
- ticker: BWMG
- cik: 0001166708
- company_name: Brownie's Marine Group, Inc
- filed_at: 2021-10-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1166708/000149315221024644/0001493152-21-024644-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1166708/000149315221024644/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-024644
- JSON: https://secwatch.observer/filing/0001493152-21-024644.json
- Plain text: https://secwatch.observer/filing/0001493152-21-024644.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.