---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-25-001132"
form_type: "8-K"
ticker: "POCI"
cik: "0000867840"
company_name: "PRECISION OPTICS CORPORATION, INC."
filed_at: "2025-02-20T23:59:59+00:00"
generated_at: "2026-05-26T09:59:39.907644+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Precision Optics raises $5.1M in registered direct offering at $4.00/share; lender waives covenant default

## Summary
- Sold 1,272,500 shares at $4.00 each; gross proceeds ~$5.1M, expected net ~$5.0M.
- Proceeds to repay ~$1.15M line of credit, expand facilities, and for working capital.
- Main Street Bank waived anticipated covenant default for Jun 30, 2025 for $30,000 fee and equity raise ≥$4.5M by Feb 24.
- Line of credit to be paid to $0 from raise; future advances contingent on minimum 1.20x DSCR.
- Offering led by existing shareholders; closing expected Feb 21, 2025.

## SEC filing metadata
- accession: 0001683168-25-001132
- form_type: 8-K
- ticker: POCI
- cik: 0000867840
- company_name: PRECISION OPTICS CORPORATION, INC.
- filed_at: 2025-02-20T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/867840/000168316825001132/0001683168-25-001132-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/867840/000168316825001132/poci_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-001132
- JSON: https://secwatch.observer/filing/0001683168-25-001132.json
- Plain text: https://secwatch.observer/filing/0001683168-25-001132.txt

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