secwatch.observer — SEC 8-K summary
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Issuer:     Iveda Solutions, Inc. (IVDA)
CIK:        0001397183
Form:       8-K
Filed at:   2022-04-06T23:59:59+00:00
Accession:  0001493152-22-009287
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Iveda closes $8M public offering, completes 1-for-8 reverse stock split, uplists to Nasdaq
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- Gross proceeds of $8.0M from offering of 1,885,000 shares and 2,164,700 warrants (including over-allotment) at $4.25 per unit.
- Reverse stock split at 1-for-8 effective March 31, 2022; authorized shares reduced accordingly.
- Common stock and warrants began trading on Nasdaq Capital Market on April 1, 2022 under symbols IVDA and IVDAW.
- Warrants exercisable at $4.25 per share, expire in 5 years.
- Net proceeds to be used for product development, marketing, business development, and working capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1397183/000149315222009287/0001493152-22-009287-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1397183/000149315222009287/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-009287

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