Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.96
NextPlat Corp entered into Placement Agency Agreement with Dawson James Securities, Inc. valued at Placement agent fee: 6% of gross proceeds; 3% on proceeds from officers/directors; Placement Agent W (effective 2022-12-09).
- Action
- entry
- Agreement
- underwriting
- Counterparty
- Dawson James Securities, Inc.
- Value
- Placement agent fee: 6% of gross proceeds; 3% on proceeds from officers/directors; Placement Agent W
- Effective
- 2022-12-09
Exact text from the filing
On December 9, 2022, the Company entered into placement agency agreement (the “Placement Agency Agreement”) with Dawson James Securities, Inc. (“Dawson James”) pursuant to which Dawson James agreed to serve as lead or managing placement agent on a best efforts, agency basis in connection with the private placement of the Units.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.98
NextPlat Corp entered into Securities Purchase Agreement with Institutional and accredited investors valued at $8,007,000.75 (4,575,429 Units at $1.75 per Unit) (effective 2022-12-09).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- Institutional and accredited investors
- Value
- $8,007,000.75 (4,575,429 Units at $1.75 per Unit)
- Effective
- 2022-12-09
Exact text from the filing
On December 9, 2022, NextPlat Corp (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with certain institutional and accredited investors (the “Investors”) for the sale by the Company in a private placement of 4,575,429 units (each, a “Unit”), each Unit consisting of (i) one share of the Company’s common stock, $0.0001 par value per share (the “Common Stock”), and (ii) one warrant to purchase one share of Common Stock (each, a “Warrant”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.94
NextPlat Corp entered into Registration Rights Agreement with Investors valued at Company to file resale registration statement within 15 calendar days (effective 2022-12-09).
- Action
- entry
- Counterparty
- Investors
- Value
- Company to file resale registration statement within 15 calendar days
- Effective
- 2022-12-09
Exact text from the filing
In connection with the offering, the Company entered into a registration rights agreement (the “Registration Rights Agreement”), pursuant to which, among other things, the Company will prepare and file with the Securities and Exchange Commission (the “SEC”) a registration statement to register for resale the shares of Common Stock sold in the offering and the shares of Common Stock underlying the Warrants, within 15 calendar days and to use its best efforts to have the registration statement declared effective as promptly as practical thereafter.
View on SEC.gov