{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-23-007202","form_type":"8-K","ticker":"INUV","cik":"0000829323","company_name":"Inuvo, Inc.","filed_at":"2023-05-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.381228+00:00","generated_at":"2026-06-14T15:18:34.386467+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Inuvo announces $4M registered direct offering of 16M shares at $0.25/share","bullets":["Gross proceeds of $4M; net proceeds for general working capital.","Offering of 16M shares of common stock at $0.25 per share.","Closing expected on or about May 30, 2023.","90-day lock-up on further share issuance after closing.","A.G.P./Alliance Global Partners acting as sole placement agent."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-23-007202","json":"https://secwatch.observer/filing/0001654954-23-007202.json","markdown":"https://secwatch.observer/filing/0001654954-23-007202.md","text":"https://secwatch.observer/filing/0001654954-23-007202.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/829323/000165495423007202/0001654954-23-007202-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/829323/000165495423007202/inuvo_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T15:18:34.386467+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"259398b30c658649092e71bac9375b1fc350b1e9","claim":"Inuvo, Inc. entered into Purchase Agreement with certain institutional and accredited investors valued at $4.0 million (effective 2023-05-25).","evidence_excerpt":"On May 25, 2023, Inuvo, Inc. (the “ Company ”), entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with certain institutional and accredited investors (the “ Purchasers ”) for the sale by the Company in a registered direct offering (the “ Offering ”) of 16,000,000 shares of the Company’s common stock, par value $0.001 per share (the “ Common Stock ”) at a purchase price per share of Common Stock of $0.25 per share.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/829323/000165495423007202/0001654954-23-007202-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain institutional and accredited investors"},{"label":"Value","value":"$4.0 million"},{"label":"Effective","value":"2023-05-25"}],"fact_type":"material_agreement"},{"claim_id":"551bdc63dfb2569776e3641648ef4f640dd2dd78","claim":"Inuvo, Inc. entered into Placement Agency Agreement with A.G.P./Alliance Global Partners valued at 7% of the gross proceeds (effective 2023-05-25).","evidence_excerpt":"The Company entered into a Placement Agency Agreement, dated as of May 25, 2023, by and between the Company and the Placement Agent (the “ Placement Agency Agreement ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/829323/000165495423007202/0001654954-23-007202-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"A.G.P./Alliance Global Partners"},{"label":"Value","value":"7% of the gross proceeds"},{"label":"Effective","value":"2023-05-25"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}