secwatch.observer — SEC 8-K summary
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Issuer:     YUNHONG GREEN CTI LTD. (YHGJ)
CIK:        0001042187
Form:       8-K
Filed at:   2024-03-15T23:59:59+00:00
Accession:  0001493152-24-010007
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Yunhong Green CTI raises $2.0M via Series E and F Preferred Stock issuances
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- Gross proceeds of $1.3M from sale of 130,000 Series E Preferred at $10/share to Wickbur Holdings LLC.
- Gross proceeds of $0.7M from sale of 70,000 Series F Preferred at $10/share to Agile Wisdom International Limited.
- Each series pays 8.5% annual dividend; conversion price is lower of $1.52 or 10-day VWAP.
- Series E warrant for 361,400 common shares; Series F warrant for 194,600 common shares; both 3-year terms.
- Certificates of Designations filed March 13, 2024; each preferred share carries 6.58 votes on as-converted basis.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1042187/000149315224010007/0001493152-24-010007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1042187/000149315224010007/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-010007

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