{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-008011","form_type":"8-K","ticker":"ODYS","cik":"0001577445","company_name":"Odysight.ai Inc.","filed_at":"2023-03-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.681390+00:00","generated_at":"2026-06-17T23:34:33.839180+00:00","sec_items":["1.01","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"ScoutCam closes $14M private placement of equity units with existing investors","bullets":["Issued 3,294,117 units at $4.25/unit, each unit = 1 common share + 1 warrant (exercise $5.50, 3-year term).","Purchasers: Moshe Arkin (board member), The Phoenix Insurance Co., and Phoenix Amitim; total gross proceeds ~$14M.","Proceeds to be used for working capital and advancing predictive maintenance and condition-based monitoring technology.","No placement agent fees; company to file resale registration statement with SEC within 120 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-008011","json":"https://secwatch.observer/filing/0001493152-23-008011.json","markdown":"https://secwatch.observer/filing/0001493152-23-008011.md","text":"https://secwatch.observer/filing/0001493152-23-008011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1577445/000149315223008011/0001493152-23-008011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1577445/000149315223008011/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T23:34:33.839180+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"12261c6e63db1acaa12ec31c3ea66d8c6aa37645","claim":"Odysight.ai Inc. entered into Stock Purchase Agreements with Moshe Arkin (through his individual retirement account), The Phoenix Insurance Company Ltd., and Shotfut Menayot Israel – Phoenix Amitim valued at approximately US$14,000,000 (effective 2023-03-16).","evidence_excerpt":"On March 16, 2023 (the “Closing Date”), ScoutCam Inc. (the “Company”) entered into and consummated Stock Purchase Agreements (the “Purchase Agreements”) for a private placement (the “Private Placement”) with (i) Moshe Arkin through his individual retirement account (“Arkin”) and (ii) The Phoenix Insurance Company Ltd. (“Phoenix Insurance”) and Shotfut Menayot Israel – Phoenix Amitim (“Phoenix Amitim”), in connection with the sale and issuance of an aggregate of 3,294,117 units (collectively, the “Units”), at a purchase price of US$4.25 per Unit, and for an aggregate purchase price of approximately US$14,000,000.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1577445/000149315223008011/0001493152-23-008011-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Moshe Arkin (through his individual retirement account), The Phoenix Insurance Company Ltd., and Shotfut Menayot Israel – Phoenix Amitim"},{"label":"Value","value":"approximately US$14,000,000"},{"label":"Effective","value":"2023-03-16"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}