secwatch.observer — SEC 8-K summary
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Issuer:     PetVivo Holdings, Inc. (PETV)
CIK:        0001512922
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001493152-23-027334
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PetVivo raises ~$1.8M via registered direct offering of 1.2M shares at $1.50, with warrants
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- Securities Purchase Agreement with two accredited investors closed Aug 9, 2023.
- 1,200,002 shares sold at $1.50 each; net proceeds ~$1,775,000 after $25,000 expenses.
- Concurrent private placement of warrants to purchase 1,200,002 shares at $2.00, exercisable after 6 months, expiring 3 years later.
- Proceeds to fund commercialization of Spryng with OsteoCushion Technology, clinical trials, and working capital.
- Offering directly placed, no underwriter; warrants are unregistered under the Securities Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512922/000149315223027334/0001493152-23-027334-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512922/000149315223027334/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-027334

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer