secwatch.observer — SEC 8-K summary
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Issuer:     Lucid Diagnostics Inc. (LUCD)
CIK:        0001799011
Form:       8-K
Filed at:   2023-03-13T23:59:59+00:00
Accession:  0001493152-23-007447
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 3.02, 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lucid Diagnostics raises $13.625M via sale of Series A Convertible Preferred Stock
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- Sold 13,625 shares of Series A Convertible Preferred at $1,000/share for gross proceeds of $13.625M.
- Each share convertible into common stock at initial conversion price of $1.394 per share.
- Preferred stock ranks senior to common stock; holders have no voting rights except as required by law.
- Company executed a Registration Rights Agreement for resale of common shares issuable on conversion.
- Offering exempt from registration under Section 4(a)(2) of Securities Act; purchasers are accredited investors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1799011/000149315223007447/0001493152-23-007447-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1799011/000149315223007447/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-007447

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