{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-027111","form_type":"8-K","ticker":"FABC","cik":"0001086745","company_name":"Fabric.AI, Inc.","filed_at":"2023-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.111215+00:00","generated_at":"2026-06-12T00:27:25.339157+00:00","sec_items":["1.01","3.02","5.03","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"AYRO raises $22M via convertible preferred stock and warrants from existing investors","bullets":["Gross proceeds $22M from sale of 22,000 Series H-7 convertible preferred shares (stated value $1,000) and warrants for 22M common shares.","Conversion/exercise price $1.00 per share, a ~39% premium to Aug 7 close of $0.72.","Preferred shares carry 8% annual dividend, redeemable in 12 monthly installments starting Feb–Aug 2024/2025 at 105% of stated value or in stock.","Net proceeds to fund development and manufacturing ramp of Vanish LSEV and general corporate purposes.","Stockholder approval required for full conversion/warrant exercise; officers holding ~3.9% shares agree to vote in favor."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-027111","json":"https://secwatch.observer/filing/0001493152-23-027111.json","markdown":"https://secwatch.observer/filing/0001493152-23-027111.md","text":"https://secwatch.observer/filing/0001493152-23-027111.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1086745/000149315223027111/0001493152-23-027111-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1086745/000149315223027111/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T00:27:25.339157+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}