secwatch.observer — SEC 8-K summary
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Issuer:     U.S. GOLD CORP. (USAU)
CIK:        0000027093
Form:       8-K
Filed at:   2022-02-18T23:59:59+00:00
Accession:  0001493152-22-004975
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

U.S. Gold raises $2.5M in registered direct offering of shares and warrants
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- Registered direct offering of 384,741 shares at $6.50/share plus warrants to buy 192,370 shares at $8.00/share.
- Gross proceeds of approximately $2.5 million; closing expected February 16, 2022.
- Warrants immediately exercisable, expire five years from issuance date.
- Post-offering shares outstanding expected to be 7,481,464.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/27093/000149315222004975/0001493152-22-004975-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/27093/000149315222004975/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-004975

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