---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-030170"
form_type: "8-K"
ticker: "SNES"
cik: "0001680378"
company_name: "SenesTech, Inc."
filed_at: "2023-08-22T23:59:59+00:00"
generated_at: "2026-06-11T05:38:28.004510+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SenesTech to receive ~$2.1M from warrant exercise; issues new warrants for 5.9M shares

## Summary
- Holder exercises existing warrants for 2,934,575 shares at reduced price $0.7202/share; gross proceeds $2,113,480.92.
- Company issues new warrants to purchase up to 5,869,150 shares (200% of exercised shares) at $0.7202, subject to Nasdaq stockholder approval.
- Engaged H.C. Wainwright as placement agent; fee of 7.5% of gross proceeds plus management fee and expenses.
- Placement agent receives warrants to purchase 146,729 shares at $0.9003 per share.
- Company expects to use proceeds for general corporate purposes; closing expected August 24, 2023.

## SEC filing metadata
- accession: 0001628280-23-030170
- form_type: 8-K
- ticker: SNES
- cik: 0001680378
- company_name: SenesTech, Inc.
- filed_at: 2023-08-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1680378/000162828023030170/0001628280-23-030170-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1680378/000162828023030170/snes-20230821.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-030170
- JSON: https://secwatch.observer/filing/0001628280-23-030170.json
- Plain text: https://secwatch.observer/filing/0001628280-23-030170.txt

## Key facts
- Material Agreements
  SenesTech, Inc. entered into Inducement Letter with a certain holder of certain of our existing warrants valued at $2,113,480.92 (effective 2023-08-21).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: a certain holder of certain of our existing warrants
  - Value: $2,113,480.92
  - Effective: 2023-08-21
  source text: On August 21, 2023, we entered into an inducement offer letter agreement (the “Inducement Letter”) with a certain holder (the “Holder”) of certain of our existing warrants
  evidence_url: https://www.sec.gov/Archives/edgar/data/1680378/000162828023030170/0001628280-23-030170-index.htm

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