secwatch.observer — SEC 8-K summary
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Issuer:     Brownie's Marine Group, Inc (BWMG)
CIK:        0001166708
Form:       8-K
Filed at:   2021-10-05T23:59:59+00:00
Accession:  0001493152-21-024644
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1166708/000149315221024644/0001493152-21-024644-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1166708/000149315221024644/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-024644

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