secwatch / observer
8-K filed February 6, 2024, 6:59 PM ET ticker BFRG CIK 0001829247
other material confidence high sentiment neutral materiality 0.70

Bullfrog AI closes $5.7M public offering of stock and warrants

BullFrog AI Holdings, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

BullFrog AI Holdings, Inc. entered into Underwriting Agreement with WallachBeth Capital, LLC valued at approximately $5,700,000 (effective 2024-01-31).

Action
entry
Agreement
underwriting
Counterparty
WallachBeth Capital, LLC
Value
approximately $5,700,000
Effective
2024-01-31
Exact text from the filing
On January 31, 2024, Bullfrog AI Holdings, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with WallachBeth Capital, LLC as representatives (the “Representatives”) of the several underwriters named therein (collectively, the “Underwriters”), relating to the issuance and sale (the “Offering”) of an aggregate of (i) 1,028,710 shares of common stock (“Underwritten Shares”), par value $0.00001 per share (“common stock”) and 478,429 pre-funded warrants in lieu of common stock (“Pre-Funded Warrants”) or 1,507,139 shares of common stock (or Pre-Funded Warrants”) in lieu thereof) and accompanying warrants to purchase 1,507,139 shares of common stock at a combined public offering price of $3.782 per share (inclusive of the Pre-Funded Warrant exercise price) for gross proceeds of approximately $5,700,000, prior to deducting underwriting discounts and offering expenses.
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BullFrog AI Holdings, Inc. filing history →

Source: SEC EDGAR
accession 0001493152-24-005096
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