---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-018605"
form_type: "8-K"
ticker: "COPR"
cik: "0001263364"
company_name: "Idaho Copper Corp"
filed_at: "2026-04-23T23:59:59+00:00"
generated_at: "2026-05-15T04:27:03.443292+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Idaho Copper raises $1.36M via convertible notes and warrants with ThinkEquity as placement agent

## Summary
- Closed private placement of $1,357,947 in 12-month convertible notes, initial conversion price $6.00 per share.
- Issued warrants to purchase up to 226,332 shares at $7.50 per share, exercisable for 5 years.
- Automatic conversion upon national exchange listing at lower of 70% of IPO price or $6.00.
- Placement agent ThinkEquity received customary fees and warrants for 10% of shares issuable on conversion.
- Two investors converted $102,947 of existing notes into new notes/warrants at dollar-for-dollar par value.

## SEC filing metadata
- accession: 0001493152-26-018605
- form_type: 8-K
- ticker: COPR
- cik: 0001263364
- company_name: Idaho Copper Corp
- filed_at: 2026-04-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1263364/000149315226018605/0001493152-26-018605-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1263364/000149315226018605/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-018605
- JSON: https://secwatch.observer/filing/0001493152-26-018605.json
- Plain text: https://secwatch.observer/filing/0001493152-26-018605.txt

## Key facts
- Equity Issuances
  Idaho Copper Corp issued Conversion shares equal to principal amount divided by $6.00 per share, with total principal of $1,357,947 of convertible note to Accredited investors for Cash consideration of $1,357,947, with $102,947 portion from conversion of existing notes.
  - Security: convertible note
  - Shares: Conversion shares equal to principal amount divided by $6.00 per share, with total principal of $1,357,947
  - Purchaser: Accredited investors
  - Consideration: Cash consideration of $1,357,947, with $102,947 portion from conversion of existing notes
  source text: principal amount of the Notes purchased divided by $6.00. The Warrants have an exercise price of $7.50 per share, subject to adjustment, and a term of five (5) years. A total of $1,357,947 in principal amount of Notes was issued in the Offering, together with Warrants to purchase up to 226,332 shares of common stock. Each investor in the Offering entered into a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1263364/000149315226018605/0001493152-26-018605-index.htm
- Equity Issuances
  Idaho Copper Corp issued Warrants to purchase up to 226,332 shares of common stock at $7.50 per share of warrant to Accredited investors for Issued in connection with purchase of Notes, no separate consideration.
  - Security: warrant
  - Shares: Warrants to purchase up to 226,332 shares of common stock at $7.50 per share
  - Purchaser: Accredited investors
  - Consideration: Issued in connection with purchase of Notes, no separate consideration
  source text: A total of $1,357,947 in principal amount of Notes was issued in the Offering, together with Warrants to purchase up to 226,332 shares of common stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1263364/000149315226018605/0001493152-26-018605-index.htm
- Equity Issuances
  Idaho Copper Corp issued Warrants to purchase shares equal to 10% of the number of shares issuable upon conversion of the Notes of warrant to ThinkEquity LLC for Placement agent services.
  - Security: warrant
  - Shares: Warrants to purchase shares equal to 10% of the number of shares issuable upon conversion of the Notes
  - Purchaser: ThinkEquity LLC
  - Consideration: Placement agent services
  source text: In connection with the Offering, the Company engaged ThinkEquity LLC (“ThinkEquity”) as exclusive placement agent. In consideration for ThinkEquity’s services as placement agent, the Company paid customary placement agent fees and agreed to issue warrants to purchase shares of the Company’s common stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1263364/000149315226018605/0001493152-26-018605-index.htm

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