secwatch.observer — SEC 8-K summary
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Issuer:     CV Sciences, Inc. (CVSI)
CIK:        0001510964
Form:       8-K
Filed at:   2022-03-28T23:59:59+00:00
Accession:  0001510964-22-000008
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 2.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CV Sciences closes second tranche of $1.06M convertible note issuance, netting ~$950K
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- Second closing of $1.06M senior convertible notes (6% OID) under existing SPA, net proceeds ~$950K.
- Notes convertible into up to $1.06M in common stock; issued via second supplemental indenture.
- Remaining $3.18M of $5.3M total offering may be sold in future closings if conditions met.
- First closing of $1.06M occurred November 17, 2021; total raised to date $2.12M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1510964/000151096422000008/0001510964-22-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1510964/000151096422000008/cvsi-20220325.htm
  HTML page:      https://secwatch.observer/filing/0001510964-22-000008

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