---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-008223"
form_type: "8-K"
ticker: null
cik: "0001591165"
company_name: "Innoveren Scientific, Inc."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T08:51:24.036056+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Innoveren Scientific raises $100K in PIPE; issues shares to insiders for salary and debt

## Summary
- Sold 400,000 shares and 400,000 warrants to accredited investor for $100,000 gross proceeds.
- Warrants exercisable at $0.50 per share with five-year term.
- Issued 186,048 shares to executives for accrued salary and 213,952 shares to directors for fees at $0.25/share.
- Converted $43,091 CEO promissory note into 172,364 shares and 172,364 warrants at same price as investor.

## SEC filing metadata
- accession: 0001493152-24-008223
- form_type: 8-K
- cik: 0001591165
- company_name: Innoveren Scientific, Inc.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1591165/000149315224008223/0001493152-24-008223-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1591165/000149315224008223/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-008223
- JSON: https://secwatch.observer/filing/0001493152-24-008223.json
- Plain text: https://secwatch.observer/filing/0001493152-24-008223.txt

## Key facts
- Material Agreements
  Innoveren Scientific, Inc. entered into Purchase Agreement with an accredited investor (effective 2024-02-23).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: an accredited investor
  - Effective: 2024-02-23
  source text: On February 23, 2024, Innoveren Scientific, Inc. (the “Company”) entered into a securities purchase agreement with an accredited investor for the sale of shares of Common Stock and warrants (the “Purchase Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1591165/000149315224008223/0001493152-24-008223-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.