secwatch.observer — SEC 8-K summary
======================================

Issuer:     Idaho Copper Corp (COPR)
CIK:        0001263364
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0001493152-26-018605
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1263364/000149315226018605/0001493152-26-018605-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1263364/000149315226018605/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-018605

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