secwatch.observer — SEC 8-K summary
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Issuer:     MILESTONE SCIENTIFIC INC. (MLSS)
CIK:        0000855683
Form:       8-K/A
Filed at:   2026-02-04T23:59:59+00:00
Accession:  0001493152-26-005041
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MLSS enters amended MoU locking up ~8.9M BP4 shares for 12 months post-$2.5M qualified offering
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- BP4 (controlled by Innovest) agrees to lock up ~8.9M shares of MLSS for 12 months after a Qualified Offering raising at least $2.5M.
- BP4 can distribute shares early if MLSS stock exceeds $0.50, $0.70, $0.90 for 10 consecutive days (33.33% each tranche).
- Other parties (directors, officers, Leonard Osser, United Systems) must also enter lock-up agreements.
- Company pays up to $100k in fees, including $32k within 5 days. Standstill until Jan 31 (extendable to Feb 15).
- Lock-up and MoU conditional on BP4 shareholder approval by January 25, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/855683/000149315226005041/0001493152-26-005041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/855683/000149315226005041/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-005041

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