---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-23-001396"
form_type: "8-K"
ticker: "LNAI"
cik: "0001527728"
company_name: "Lunai Bioworks Inc."
filed_at: "2023-08-07T23:59:59+00:00"
generated_at: "2026-06-12T04:12:52.193186+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Renovaro raises $2M in private placement; converts $2M debt into equity

## Summary
- Issued 280,005 units at $7.13/unit for $2M cash; each unit = 1 Series A Convertible Preferred share + warrant for 5 common shares.
- Converted $2M of promissory note into 280,505 units on same terms, leaving $3M note outstanding.
- Preferred stock convertible into common at 10:1; warrants exercisable at $0.65/share for 5 years.
- Offering under Regulation S, no underwriter; proceeds for general corporate purposes.

## SEC filing metadata
- accession: 0001731122-23-001396
- form_type: 8-K
- ticker: LNAI
- cik: 0001527728
- company_name: Lunai Bioworks Inc.
- filed_at: 2023-08-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527728/000173112223001396/0001731122-23-001396-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527728/000173112223001396/e4889_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-23-001396
- JSON: https://secwatch.observer/filing/0001731122-23-001396.json
- Plain text: https://secwatch.observer/filing/0001731122-23-001396.txt

## Key facts
- Governance Changes
  Lunai Bioworks Inc.: Filed Certificate of Designation for Series A Convertible Preferred Stock establishing rights and preferences (effective 2023-08-01).
  - Change: charter amendment
  - Effective: 2023-08-01
  source text: On August 1, 2023, the Company filed with the Secretary of State of the State of Delaware the Certificate of Designation of Preferences, Rights and Limitations of Series A Convertible Preferred Stock (the “ Certificate of Designation ”) establishing the series of Preferred Stock designated as the Series A Convertible Preferred Stock with the rights and preferences discussed below.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527728/000173112223001396/0001731122-23-001396-index.htm

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