secwatch.observer — SEC 8-K summary
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Issuer:     Aclarion, Inc. (ACON)
CIK:        0001635077
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0001683168-24-001196
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aclarion closes $3.0M public offering; believes it regains Nasdaq equity compliance
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- Closed public offering of 5,175,000 units at $0.58/unit; gross proceeds ~$3.0M before expenses.
- Each unit includes one share (or prefunded warrant at $0.00001) plus two common warrants exercisable at $0.58 for 5 years.
- Proceeds to repay debt, build product platforms, expand sales/marketing, and for general corporate purposes.
- Company believes it now has stockholders' equity of at least $2.5M, curing prior Nasdaq minimum equity non-compliance.
- Offering closed on Feb 27, 2024; Maxim Group LLC acted as placement agent with 7% cash fee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1635077/000168316824001196/0001683168-24-001196-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1635077/000168316824001196/acon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-001196

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