secwatch.observer — SEC 8-K summary
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Issuer:     PetVivo Holdings, Inc. (PETV)
CIK:        0001512922
Form:       8-K
Filed at:   2024-05-13T23:59:59+00:00
Accession:  0001493152-24-018952
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PetVivo raises $1.1M via private placement of common stock and warrants; also converts $300K note
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- Company sold 1,567,857 units at $0.70 each to 10 accredited investors, raising $1,097,500.
- Each unit consists of one restricted common share and one warrant exercisable at $1.50 until May 7, 2027.
- Additionally, $300,000 convertible note plus $1,558 accrued interest converted into equity, raising $301,558.
- Proceeds intended for commercialization of Spryng product, clinical trials, and working capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512922/000149315224018952/0001493152-24-018952-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512922/000149315224018952/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-018952

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