secwatch.observer — SEC 8-K summary
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Issuer:     T Stamp Inc (IDAI)
CIK:        0001718939
Form:       8-K
Filed at:   2024-11-01T23:59:59+00:00
Accession:  0001718939-24-000184
Event type: regulatory
Sentiment:  positive
Materiality: 0.70
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

T Stamp regains Nasdaq minimum equity compliance; stockholders' equity > $5M
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- Converted $2M promissory notes into 4,597,701 shares at $0.435/share in July 2024.
- Granted non-exclusive patent license to Boumarang for a $5M prepaid warrant (August 2024).
- Sold warrants and received exercise proceeds; net proceeds $183,662 after fees and payment.
- Company now believes stockholders' equity exceeds $5M, above Nasdaq's $2.5M minimum.
- Nasdaq will monitor compliance at next periodic report; failure could lead to delisting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1718939/000171893924000184/0001718939-24-000184-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1718939/000171893924000184/idai-20241101.htm
  HTML page:      https://secwatch.observer/filing/0001718939-24-000184

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