---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-23-004432"
form_type: "8-K"
ticker: "LUCY"
cik: "0001808377"
company_name: "Innovative Eyewear Inc"
filed_at: "2023-06-27T23:59:59+00:00"
generated_at: "2026-06-13T16:27:46.588367+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Innovative Eyewear raises ~$4.7M in public offering of 4.5M units of stock + warrants

## Summary
- Priced 4,500,000 units at $1.05/unit; each unit = 1 share + 1 warrant to buy 1 share at $1.05 for 5 years.
- Gross proceeds ~$4.7M before fees; net proceeds for working capital and general corporate purposes.
- Offering closed June 26, 2023; Maxim Group LLC served as sole placement agent.
- 90-day lock-up on shares held by directors, officers, and certain stockholders; company also restricted from issuing additional shares for 90 days.
- Warrants immediately exercisable; placement agent receives 7% cash fee and up to 180,000 warrants with piggyback registration rights.

## SEC filing metadata
- accession: 0001829126-23-004432
- form_type: 8-K
- ticker: LUCY
- cik: 0001808377
- company_name: Innovative Eyewear Inc
- filed_at: 2023-06-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1808377/000182912623004432/0001829126-23-004432-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1808377/000182912623004432/innovativeeye_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-23-004432
- JSON: https://secwatch.observer/filing/0001829126-23-004432.json
- Plain text: https://secwatch.observer/filing/0001829126-23-004432.txt

## Key facts
- Material Agreements
  Innovative Eyewear Inc entered into PAA with Maxim Group LLC (effective 2023-06-22).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Maxim Group LLC
  - Effective: 2023-06-22
  source text: nd a placement agency agreement dated as of June 22, 2023 (the “ PAA ”) with Maxim Group LLC (the “ Placement Agent ”), pursuant to which the Company agreed to issue and sell to investors in the offering an
  evidence_url: https://www.sec.gov/Archives/edgar/data/1808377/000182912623004432/0001829126-23-004432-index.htm
- Material Agreements
  Innovative Eyewear Inc entered into Purchase Agreement with certain investors valued at approximately $4.75 million (effective 2023-06-22).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain investors
  - Value: approximately $4.75 million
  - Effective: 2023-06-22
  source text: On June 22, 2023, Innovative Eyewear, Inc., a Florida corporation (the “ Company ”), entered into a securities purchase agreement (the “ Purchase Agreement ”) with certain investors named therein (the “ Purchasers ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1808377/000182912623004432/0001829126-23-004432-index.htm

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