---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-035214"
form_type: "8-K"
ticker: "NXPL"
cik: "0001058307"
company_name: "NextPlat Corp"
filed_at: "2022-12-13T23:59:59+00:00"
generated_at: "2026-06-21T05:09:47.472918+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# NextPlat raises $8.0M via private placement of common stock and warrants; management invests 48%

## Summary
- $8.0M gross proceeds from sale of 4,575,429 units at $1.75/unit; each unit includes one share and one warrant.
- Warrants exercisable at $1.75/share, three-year term; registration rights agreement to file resale registration within 15 days.
- Executive Chairman/CEO Charles Fernandez and director Rodney Barreto collectively invested ~48% of the offering.
- Net proceeds for working capital, potential acquisitions, joint ventures, and business transition activities.
- Dawson James Securities acted as sole placement agent; closing expected by December 14, 2022.

## SEC filing metadata
- accession: 0001493152-22-035214
- form_type: 8-K
- ticker: NXPL
- cik: 0001058307
- company_name: NextPlat Corp
- filed_at: 2022-12-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058307/000149315222035214/0001493152-22-035214-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058307/000149315222035214/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-035214
- JSON: https://secwatch.observer/filing/0001493152-22-035214.json
- Plain text: https://secwatch.observer/filing/0001493152-22-035214.txt

## Key facts
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1058307/000149315222035214/0001493152-22-035214-index.htm
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1058307/000149315222035214/0001493152-22-035214-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1058307/000149315222035214/0001493152-22-035214-index.htm

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