secwatch.observer — SEC 8-K summary
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Issuer:     AI Financial Corp (AIFC)
CIK:        0000862861
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0001493152-24-017936
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JanOne raises ~$300K via registered direct offering of 79,782 units at $3.775/unit
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- Sold 79,782 units, each consisting of one share of common stock and one warrant to purchase one share at $3.63.
- Gross proceeds approximately $300,000; net proceeds for working capital and general corporate purposes.
- Warrants have a three-year term; investors are two non-U.S. accredited institutional investors.
- Closing occurred on May 1, 2024; no placement agent was used.
- Offering made under effective shelf registration statement (File No. 333-278784).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/862861/000149315224017936/0001493152-24-017936-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/862861/000149315224017936/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-017936

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