secwatch.observer — SEC 8-K summary
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Issuer:     Inuvo, Inc. (INUV)
CIK:        0000829323
Form:       8-K
Filed at:   2023-05-25T23:59:59+00:00
Accession:  0001654954-23-007202
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Inuvo announces $4M registered direct offering of 16M shares at $0.25/share
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/829323/000165495423007202/0001654954-23-007202-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/829323/000165495423007202/inuvo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-007202

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