secwatch.observer — SEC 8-K summary
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Issuer:     INVO Fertility, Inc. (IVF)
CIK:        0001417926
Form:       8-K
Filed at:   2023-11-20T23:59:59+00:00
Accession:  0001493152-23-042144
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 3.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

INVO raises $6M equity via share exchange with Cytovia to regain Nasdaq compliance
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- Issued 1.2M Series B Preferred shares to Cytovia for 163,637 NAYA shares valued at $6M.
- Transaction increases stockholders' equity by $6M to meet Nasdaq $2.5M minimum requirement.
- Company had Nasdaq extension through Nov 20, 2023; now expects confirmation of compliance.
- Also authorized Series A Preferred for planned $5M+ private offering related to NAYA merger.
- Series A and B Preferred convertible at $2.20 and $5.00 per share, with ownership caps of 9.99% and 19.99%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1417926/000149315223042144/0001493152-23-042144-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1417926/000149315223042144/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-042144

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