secwatch.observer — SEC 8-K summary
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Issuer:     INTELLIGENT BIO SOLUTIONS INC. (INBS)
CIK:        0001725430
Form:       8-K
Filed at:   2023-03-10T23:59:59+00:00
Accession:  0001493152-23-007271
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intelligent Bio Solutions closes $2.55M public offering of common stock and warrants
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1725430/000149315223007271/0001493152-23-007271-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1725430/000149315223007271/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-007271

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