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

Issuer:     PetVivo Holdings, Inc. (PETV)
CIK:        0001512922
Form:       8-K
Filed at:   2025-03-31T23:59:59+00:00
Accession:  0001641172-25-001429
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 3.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PetVivo raises $5M in Series B convertible preferred stock financing
--------------------------------------------------------------------

- Initial $600K received; investor may purchase remaining $4.4M by May 27, 2025.
- Preferred shares pay 10% annual dividend in common stock; convertible 1:1 into common.
- Company can call shares after 2 years at $1.15 per share; proceeds for commercialization.
- Stock trades OTCQB (PETV) after Nasdaq delisting; offering is exempt under Section 4(a)(2).
- Use of proceeds: lead products Spryng and PrecisePRP, clinical trials, working capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512922/000164117225001429/0001641172-25-001429-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512922/000164117225001429/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-001429

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