secwatch.observer — SEC 8-K summary
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Issuer:     INVO Fertility, Inc. (IVF)
CIK:        0001417926
Form:       8-K
Filed at:   2024-01-10T23:59:59+00:00
Accession:  0001493152-24-001940
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

INVO Bioscience, Inc. enters $5M Series A Preferred Stock purchase agreement with NAYA Biosciences
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- NAYA to purchase up to 1,000,000 shares of Series A Preferred Stock at $5.00/share, total up to $5,000,000.
- First tranche of $500,000 closed on January 4, 2024 for 100,000 shares.
- Remaining tranches: $500,000 each by Jan 19, Feb 2, Feb 16, 2024, plus additional amount for merger.
- Proceeds to support INVO's fertility business, including catch-up on past due payables.
- Agreement is in connection with previously announced merger between INVO and NAYA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1417926/000149315224001940/0001493152-24-001940-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1417926/000149315224001940/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-001940

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