---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-007271"
form_type: "8-K"
ticker: "INBS"
cik: "0001725430"
company_name: "INTELLIGENT BIO SOLUTIONS INC."
filed_at: "2023-03-10T23:59:59+00:00"
generated_at: "2026-06-18T05:38:51.919997+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Intelligent Bio Solutions closes $2.55M public offering of common stock and warrants

## Summary
- Sold 654,990 shares and warrants to purchase 196,497 shares at $3.90 per unit, including full over-allotment.
- Gross proceeds of $2.55M; net proceeds for working capital and general corporate purposes.
- Warrants exercisable immediately at $3.90/share, expire March 10, 2028.
- Underwriter received Representative Warrants for 32,750 shares at $4.875/share, expiring March 8, 2028.
- Common stock outstanding post-offering: 1,571,255 shares (assuming no warrant exercise).

## SEC filing metadata
- accession: 0001493152-23-007271
- form_type: 8-K
- ticker: INBS
- cik: 0001725430
- company_name: INTELLIGENT BIO SOLUTIONS INC.
- filed_at: 2023-03-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1725430/000149315223007271/0001493152-23-007271-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1725430/000149315223007271/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-007271
- JSON: https://secwatch.observer/filing/0001493152-23-007271.json
- Plain text: https://secwatch.observer/filing/0001493152-23-007271.txt

## Key facts
- Material Agreements
  INTELLIGENT BIO SOLUTIONS INC. entered into Underwriting Agreement with Ladenburg Thalmann & Co. Inc., as representative of the several underwriters valued at approximately $2.55 million (effective 2023-03-08).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Ladenburg Thalmann & Co. Inc., as representative of the several underwriters
  - Value: approximately $2.55 million
  - Effective: 2023-03-08
  source text: On March 8, 2023, Intelligent Bio Solutions Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Ladenburg Thalmann & Co. Inc., as representatives (the “Representative”) of the several underwriters named in Schedule I thereto (collectively, the “Underwriters”), relating to an underwritten public offering of 569,560 shares
  evidence_url: https://www.sec.gov/Archives/edgar/data/1725430/000149315223007271/0001493152-23-007271-index.htm

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