secwatch.observer — SEC 8-K summary
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Issuer:     Syra Health Corp (SYRA)
CIK:        0001922335
Form:       8-K
Filed at:   2023-10-04T23:59:59+00:00
Accession:  0001493152-23-035687
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Syra Health prices upsized IPO of 1.615M units at $4.125/unit, raises ~$6.7M gross
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- IPO units priced at $4.125 each: one share Class A common + one warrant (exercise $6.50, 5-year term).
- Gross proceeds of approx. $6.7 million before underwriting discounts and expenses.
- Shares began trading on Nasdaq on Sept 29 under ticker SYRA; IPO closed Oct 3, 2023.
- Underwriters partially exercised over-allotment for 242,250 warrants at $0.01 each; option remains for 242,250 additional shares.
- Five new independent directors appointed effective Oct 3: Rogers, Dahlem, V. Reddy, Paranjape, A. Reddy; committee chairs named.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1922335/000149315223035687/0001493152-23-035687-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1922335/000149315223035687/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-035687

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