---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-25-000474"
form_type: "8-K"
ticker: "COBA"
cik: "0001727255"
company_name: "Chilean Cobalt Corp."
filed_at: "2025-01-22T23:59:59+00:00"
generated_at: "2026-05-27T19:58:50.969046+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Chilean Cobalt Corp. closes Series B financing raising $1M through sale of convertible preferred stock

## Summary
- Sold 497,810 Series B convertible preferred shares on Jan 15 & 17, 2025 at $0.45/share for $224,014.50; total round is 2,222,225 shares for $1,000,001.25.
- Series B preferred converts to common stock on Dec 31, 2025; holders vote on an as-converted basis with common stock.
- Anti-dilution protections: if securities issued below $0.45/share, holders receive adjustment; warrants for major exempt issuances.
- Securities sold in unregistered transaction under Section 4(a)(2) and Rule 506 of Regulation D.

## SEC filing metadata
- accession: 0001683168-25-000474
- form_type: 8-K
- ticker: COBA
- cik: 0001727255
- company_name: Chilean Cobalt Corp.
- filed_at: 2025-01-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1727255/000168316825000474/0001683168-25-000474-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1727255/000168316825000474/chilean_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-000474
- JSON: https://secwatch.observer/filing/0001683168-25-000474.json
- Plain text: https://secwatch.observer/filing/0001683168-25-000474.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.