---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-015248"
form_type: "8-K"
ticker: "USAU"
cik: "0000027093"
company_name: "U.S. GOLD CORP."
filed_at: "2024-04-19T23:59:59+00:00"
generated_at: "2026-06-03T17:05:36.130964+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# U.S. Gold Corp. raises $4.9M via share offering and warrants

## Summary
- Offering of 1,400,000 shares at $3.50/share and warrants for 1,400,000 shares at $4.48 exercise price.
- Gross proceeds of approximately $4.9 million; expected close on April 19, 2024.
- Proceeds for working capital and general corporate purposes.
- Warrants exercisable after six months, expiring five years from exercise date.
- No placement agent retained for the transaction.

## SEC filing metadata
- accession: 0001493152-24-015248
- form_type: 8-K
- ticker: USAU
- cik: 0000027093
- company_name: U.S. GOLD CORP.
- filed_at: 2024-04-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/27093/000149315224015248/0001493152-24-015248-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/27093/000149315224015248/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-015248
- JSON: https://secwatch.observer/filing/0001493152-24-015248.json
- Plain text: https://secwatch.observer/filing/0001493152-24-015248.txt

## Key facts
- Material Agreements
  U.S. GOLD CORP. entered into Securities Purchase Agreement with certain investors valued at approximately $4.9 million (effective 2024-04-15).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain investors
  - Value: approximately $4.9 million
  - Effective: 2024-04-15
  source text: On April 15, 2024, U.S. Gold Corp., a Nevada corporation (the “Company”), entered into a Securities Purchase Agreement with certain investors (the “Securities Purchase Agreement”) providing for the issuance and sale by the Company in a registered direct offering (the “Offering”) an aggregate of 1,400,000 shares of the Company’s common stock, $0.001 par value per share (“Common Stock”) at a purchase price of $3.50 per share (the “Offering Shares”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/27093/000149315224015248/0001493152-24-015248-index.htm

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