secwatch.observer — SEC 8-K summary
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Issuer:     T Stamp Inc (IDAI)
CIK:        0001718939
Form:       8-K
Filed at:   2024-09-13T23:59:59+00:00
Accession:  0001718939-24-000158
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

T Stamp issues warrants for 3.76M shares to DQI in restructuring of prior notes
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- Issued warrants to purchase 3,763,950 Class A shares at $0.2273 to DQI Holdings.
- DQI resolved wire issues preventing $500K note repayment due Aug 31, 2024.
- DQI accelerated $1M promissory note repayment to on or before Sept 30, 2024.
- Warrants exercisable from Nov 1, 2024 for 2 years; cashless exercise allowed.
- Company must file resale registration statement for warrant shares within 45 days of closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1718939/000171893924000158/0001718939-24-000158-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1718939/000171893924000158/idai-20240910.htm
  HTML page:      https://secwatch.observer/filing/0001718939-24-000158

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