secwatch.observer — SEC 8-K summary
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Issuer:     INTELLIGENT BIO SOLUTIONS INC. (INBS)
CIK:        0001725430
Form:       8-K
Filed at:   2025-02-21T23:59:59+00:00
Accession:  0001493152-25-007928
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intelligent Bio Solutions raises $3.0M in underwritten public offering; over-allotment fully exercised
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- Gross proceeds $3.0M from 1.5M shares at $2.00 per share including full over-allotment exercise.
- Ladenburg Thalmann sole bookrunner; underwriting discount of 8% plus 1% management fee.
- Proceeds to be used for working capital and general corporate purposes.
- Representative warrants issued for 75,000 shares at $2.50 expiring February 2030.
- Post-offering shares outstanding: 6,778,837.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1725430/000149315225007928/0001493152-25-007928-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1725430/000149315225007928/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-007928

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