secwatch.observer — SEC 8-K summary
======================================

Issuer:     Innoveren Scientific, Inc. (—)
CIK:        0001591165
Form:       8-K
Filed at:   2024-02-28T23:59:59+00:00
Accession:  0001493152-24-008223
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 3.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1591165/000149315224008223/0001493152-24-008223-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1591165/000149315224008223/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-008223

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