secwatch.observer — SEC 8-K summary
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Issuer:     Innovative Eyewear Inc (LUCY)
CIK:        0001808377
Form:       8-K
Filed at:   2024-09-19T23:59:59+00:00
Accession:  0001829126-24-006338
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Innovative Eyewear raises ~$762K from warrant exercise; issues Series C/D warrants
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- Exercised 148,567 existing warrants at $5.13/share for cash proceeds of ~$762,148.
- Issued new Series C warrants (5.5 yr, $6.00 strike) and Series D warrants (18 mo, $6.00 strike) each for 148,567 shares.
- Net proceeds to be used for working capital and general corporate purposes.
- H.C. Wainwright acted as placement agent, receiving 7.5% cash fee plus 1% management fee and 11,143 PA warrants at $6.4125 strike.
- The new warrants and PA warrants were issued in unregistered transactions under Section 4(a)(2).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1808377/000182912624006338/0001829126-24-006338-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1808377/000182912624006338/innovativeeyewear_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-24-006338

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