secwatch.observer — SEC 8-K summary
======================================

Issuer:     Innovative Eyewear Inc (LUCY)
CIK:        0001808377
Form:       8-K
Filed at:   2022-08-18T23:59:59+00:00
Accession:  0001829126-22-016013
Event type: other_material
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Innovative Eyewear closes $7.35M IPO; units trade on Nasdaq as LUCY/LUCYW
-------------------------------------------------------------------------

- IPO consisted of 980,000 units at $7.50/unit: 1 share + 2 warrants to buy 1,960,000 shares.
- Gross proceeds ~$7.35M; underwriting discounts and expenses of ~$742,898 deducted.
- Warrants exercisable at $7.50/share for 5 years; anti-dilution provisions apply.
- Maxim Group LLC served as sole book-runner; over-allotment partially exercised for 294,000 warrants.
- Proceeds to fund sales/marketing, inventory, in-store displays, new product development, and working capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1808377/000182912622016013/0001829126-22-016013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1808377/000182912622016013/innovativeeyewear_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-22-016013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer