secwatch.observer — SEC 8-K summary
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Issuer:     Innovative Eyewear Inc (LUCY)
CIK:        0001808377
Form:       8-K
Filed at:   2024-09-05T23:59:59+00:00
Accession:  0001829126-24-006109
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Innovative Eyewear induces warrant exercise for ~$633K gross; new warrants issued
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- Reduced exercise price to $5.00/share from $21.00 to induce immediate cash exercise of 126,699 existing warrants.
- Gross proceeds ~$633,495; net proceeds for working capital and general corporate purposes.
- Issued new unregistered Series A (5.5-yr) and Series B (18-mo) warrants, each for 126,699 shares at $5.00.
- H.C. Wainwright acted as placement agent; cash fee 7.5% of gross proceeds plus management fee and expenses.
- Company to file resale registration statement for new warrant shares within 30 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1808377/000182912624006109/0001829126-24-006109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1808377/000182912624006109/innovativeeyewear_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-24-006109

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