secwatch.observer — SEC 8-K summary
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Issuer:     Sow Good Inc. (SOWG)
CIK:        0001490161
Form:       8-K
Filed at:   2023-05-01T23:59:59+00:00
Accession:  0001683168-23-002807
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490161/000168316823002807/0001683168-23-002807-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490161/000168316823002807/sowgood_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-002807

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