Sow Good raises up to $1.5M in private placement of notes and warrants

Sow Good Inc.

Private placement of up to $1,500,000 of 8% 1-year promissory notes and 375,000 warrants at $2.50/share.
Warrants exercisable for 10 years; each $100,000 note purchased includes 25,000 warrants.
Company may redeem warrants at $0.01 if VWAP >= $9 for 30 consecutive trading days.
Securities sold under Section 4(2) and Rule 506; restricted for resale without registration.
Proceeds from warrant exercise could add $1,875,000 if fully exercised; notes mature April 25, 2024.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Sow Good Inc. entered into Note and Warrant Purchase Agreement with multiple accredited investors valued at up to $1,500,000 (effective 2023-04-25).

Action: entry
Agreement: notes offering
Counterparty: multiple accredited investors
Value: up to $1,500,000
Effective: 2023-04-25

Exact text from the filing

On April 25, 2023, Sow Good Inc., a Nevada corporation (the “Company”) closed a private placement (the “Offering”) and concurrently entered into a Note and Warrant Purchase Agreement (the “Purchase Agreement”) with multiple accredited investors (the “Purchasers”) to sell and issue to the Purchasers

View on SEC.gov

281 material agreements filed in the last 30 days. Browse all material agreements →

Sow Good Inc. filing history →

Source: SEC EDGAR

accession 0001683168-23-002807

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.