secwatch.observer — SEC 8-K summary
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Issuer:     U.S. GOLD CORP. (USAU)
CIK:        0000027093
Form:       8-K
Filed at:   2024-12-04T23:59:59+00:00
Accession:  0001493152-24-048661
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

U.S. Gold Corp. raises $10.2M via registered direct offering of shares and warrants
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- Sold 1,457,700 shares at $7.00/share and warrants for 728,850 shares at $9.50 exercise price.
- Gross proceeds of ~$10.2M; net proceeds for working capital and general corporate purposes.
- Warrants exercisable after 6 months, expire in 3 years; expected closing December 6, 2024.
- No placement agent; shares registered on Form S-3 (File No. 333-262415).
- Post-offering shares outstanding expected to be 12,323,116.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/27093/000149315224048661/0001493152-24-048661-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/27093/000149315224048661/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-048661

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