secwatch.observer — SEC 8-K summary
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Issuer:     Safe Pro Group Inc. (SPAI)
CIK:        0002011208
Form:       8-K
Filed at:   2025-08-22T23:59:59+00:00
Accession:  0001641172-25-025126
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Safe Pro Group raises ~$8M in private placement of stock and warrants
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- Sold 2M shares + 2M warrants at $4/unit for ~$8M gross proceeds.
- Warrants exercisable at $6/share for 3 years, subject to 4.99%/9.99% ownership limit.
- Proceeds to fund working capital and general corporate purposes.
- Directors, CEO, and CFO entered lock-up agreements restricting share sales.
- Company agreed to file resale registration statement within 15 business days of closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2011208/000164117225025126/0001641172-25-025126-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2011208/000164117225025126/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-025126

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