other material
confidence high
sentiment neutral
materiality 0.65
Trust Stamp raises $3.0M in registered direct offering and private placement of warrants
T Stamp Inc
- Sold 5,555,548 shares (or pre-funded warrants) plus Series A/B warrants at $0.54 combined effective price.
- Gross proceeds ~$3.0M; offering closed Dec 6, 2024; Maxim Group acted as placement agent.
- Series A warrants for 5,555,548 shares and Series B for 4,166,661 shares, exercisable at $0.54 for 5 years.
- Proceeds for working capital, capex, and general corporate purposes.
- Officers/directors subject to 30-day lock-up; shareholder meeting within 60 days to authorize additional shares.