---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-042168"
form_type: "8-K"
ticker: "SMSI"
cik: "0000948708"
company_name: "SMITH MICRO SOFTWARE, INC."
filed_at: "2024-10-03T23:59:59+00:00"
generated_at: "2026-05-30T21:58:30.507829+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Smith Micro raises $6.9M in concurrent offerings; CEO invests $3M

## Summary
- Registered direct offering: 3,321,881 shares at $1.165/share, gross ~$3.87M.
- Private placement with CEO: 2,575,107 shares at $1.165/share, gross ~$3.0M.
- Each warrant exercisable at $1.04/share, 6-month lockout, 5-year term.
- Net proceeds to be used for working capital and general corporate purposes.
- Roth Capital receives $54k cash fee and 20,000 warrants (exercise $1.46, 2.5yr).

## SEC filing metadata
- accession: 0001628280-24-042168
- form_type: 8-K
- ticker: SMSI
- cik: 0000948708
- company_name: SMITH MICRO SOFTWARE, INC.
- filed_at: 2024-10-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/948708/000162828024042168/0001628280-24-042168-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/948708/000162828024042168/smsi-20241001.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-042168
- JSON: https://secwatch.observer/filing/0001628280-24-042168.json
- Plain text: https://secwatch.observer/filing/0001628280-24-042168.txt

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