---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-24-002963"
form_type: "8-K"
ticker: "LUCY"
cik: "0001808377"
company_name: "Innovative Eyewear Inc"
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T03:11:08.674172+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Innovative Eyewear raises $1M in registered direct offering with warrants at $0.244/share

## Summary
- Gross proceeds ~$1M from 4,200,822 shares and warrants at combined $0.244/share; net proceeds ~$832,300.
- Warrants exercisable after stockholder approval, 5-year term, exercise price $0.244 per share.
- Placement agent H.C. Wainwright receives 6.0% cash fee plus 1.0% management fee, $25,000 expense, and 315,062 PA warrants at $0.305.
- Closing expected May 1, 2024; proceeds for general corporate purposes and working capital.

## SEC filing metadata
- accession: 0001829126-24-002963
- form_type: 8-K
- ticker: LUCY
- cik: 0001808377
- company_name: Innovative Eyewear Inc
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1808377/000182912624002963/0001829126-24-002963-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1808377/000182912624002963/innovative_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-24-002963
- JSON: https://secwatch.observer/filing/0001829126-24-002963.json
- Plain text: https://secwatch.observer/filing/0001829126-24-002963.txt

## Key facts
- Material Agreements
  Innovative Eyewear Inc entered into Securities Purchase Agreement with institutional investors valued at $1,000,000 gross proceeds (effective 2024-04-28).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: institutional investors
  - Value: $1,000,000 gross proceeds
  - Effective: 2024-04-28
  source text: On April 28, 2024, Innovative Eyewear, Inc. (the “ Company ”) entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with certain institutional investors (the “ Investors ”) for the purpose of raising approximately $1 million in gross proceeds for the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1808377/000182912624002963/0001829126-24-002963-index.htm

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