---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-035030"
form_type: "8-K"
ticker: "SPAI"
cik: "0002011208"
company_name: "Safe Pro Group Inc."
filed_at: "2024-09-05T23:59:59+00:00"
generated_at: "2026-05-31T06:19:34.505769+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Safe Pro Group prices IPO of 1,020,000 shares at $5.00/share; closes August 29

## Summary
- IPO of 1,020,000 shares of common stock at $5.00/share; underwriter has 45-day option for 153,000 additional shares.
- Underwriting agreement with Dawson James Securities; gross proceeds of $5.1M before expenses and option exercise.
- Issued warrant to underwriter for 51,000 shares at $6.25, exercisable from March 1, 2025 to August 28, 2029.
- Warrant provides cashless exercise and customary anti-dilution; shares and warrant registered under Form S-1.

## SEC filing metadata
- accession: 0001493152-24-035030
- form_type: 8-K
- ticker: SPAI
- cik: 0002011208
- company_name: Safe Pro Group Inc.
- filed_at: 2024-09-05T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2011208/000149315224035030/0001493152-24-035030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2011208/000149315224035030/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-035030
- JSON: https://secwatch.observer/filing/0001493152-24-035030.json
- Plain text: https://secwatch.observer/filing/0001493152-24-035030.txt

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