secwatch.observer — SEC 8-K summary
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Issuer:     Odysight.ai Inc. (ODYS)
CIK:        0001577445
Form:       8-K
Filed at:   2025-02-11T23:59:59+00:00
Accession:  0001493152-25-005907
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Odysight.ai (ODYS) prices $21.5M equity offering, begins Nasdaq trading Feb 11
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- Offering of 3,307,692 shares at $6.50/share; gross proceeds ~$21.5M, net proceeds ~$18.8M.
- Common stock uplisted to Nasdaq Capital Market under symbol ODYS on Feb 11, 2025, after OTCQB cessation.
- Net proceeds to fund R&D, sales/marketing, working capital, and general corporate purposes.
- Benchmark Company is sole book-runner; 30-day option for additional 496,153 shares at $6.50.
- Company (6 months) and insiders (180 days) subject to lock-up agreements with Benchmark.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1577445/000149315225005907/0001493152-25-005907-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1577445/000149315225005907/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-005907

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