Lytus Technologies Enters Securities Purchase Agreement
Ticker: LYTHF · Form: 6-K · Filed: Jun 14, 2024 · CIK: 1816319
| Field | Detail |
|---|---|
| Company | Lytus Technologies Holdings Ptv. Ltd. (LYTHF) |
| Form Type | 6-K |
| Filed Date | Jun 14, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $3,888,889, $3,500,000, $3, $1,427,778.00, $238,888 |
| Sentiment | neutral |
Sentiment: neutral
Topics: securities-purchase, foreign-private-issuer, filing
TL;DR
Lytus Technologies signed a securities purchase deal on June 3rd. Details to follow.
AI Summary
On June 3, 2024, Lytus Technologies Holdings PTV. Ltd. entered into a securities purchase agreement. The company is a foreign private issuer filing a Form 6-K report for the month of June 2024. Lytus Technologies Holdings PTV. Ltd. is incorporated in D8 and has its principal executive offices in Mumbai, India.
Why It Matters
This filing indicates a new agreement for Lytus Technologies, which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — The filing is a routine report of a foreign private issuer and the specific terms of the securities purchase agreement are not detailed, leaving potential risks unclear.
Key Players & Entities
- Lytus Technologies Holdings PTV. Ltd. (company) — Registrant
- June 3, 2024 (date) — Date of Securities Purchase Agreement
- Form 6-K (document) — Filing type
- Mumbai, India (location) — Principal executive office location
FAQ
What is the nature of the securities purchase agreement entered into by Lytus Technologies?
The filing states that Lytus Technologies Holdings PTV. Ltd. entered into a securities purchase agreement on June 3, 2024, but the specific details of the agreement are not provided in this excerpt.
When was the securities purchase agreement signed?
The securities purchase agreement was entered into on June 3, 2024.
What type of filing is this for Lytus Technologies?
This is a Form 6-K report of a foreign private issuer.
Where are Lytus Technologies' principal executive offices located?
Lytus Technologies' principal executive offices are located at Unit 1214, ONE BKC, G Block Bandra Kurla Complex, Bandra East, Mumbai, India, 400 051.
Does Lytus Technologies file annual reports under Form 20-F or 40-F?
Lytus Technologies indicates it files annual reports under cover of Form 20-F.
Filing Stats: 1,159 words · 5 min read · ~4 pages · Grade level 11.3 · Accepted 2024-06-13 19:45:29
Key Financial Figures
- $3,888,889 — the aggregate principal amount of up to $3,888,889.00, with an aggregate purchase price of
- $3,500,000 — th an aggregate purchase price of up to $3,500,000.00, common share purchase warrants for
- $3 — Stock at an initial price per share of $3.51, and 50,000 shares of Common Stock (
- $1,427,778.00 — missory note in the principal amount of $1,427,778.00 and $238,888.88, respectively (the &ldq
- $238,888 — e principal amount of $1,427,778.00 and $238,888.88, respectively (the “ Notes &rd
- $951,851.84 — missory note in the principal amount of $951,851.84 and $159,259.26, respectively (the &ldq
- $159,259 — the principal amount of $951,851.84 and $159,259.26, respectively (the “ Tranche N
- $30,000,000 — or may purchase from the Company, up to $30,000,000 of Company’s common stock, $0.01
- $0.01 — 00,000 of Company’s common stock, $0.01 par value per share (the “ Common
- $50,000.00 — s (i) in a minimum amount not less than $50,000.00 and (ii) in a maximum amount up to the
- $1,000,000.00 — maximum amount up to the lesser of (a) $1,000,000.00 or (b) 150% of the Average Daily Tradin
- $2.93 — he Common Stock at an exercise price of $2.93 per share (the “ ELOC Warrant &rd
Filing Documents
- ea0207846-6k_lytus.htm (6-K) — 19KB
- ea020784601ex4-1_lytus.htm (EX-4.1) — 135KB
- ea020784601ex4-2_lytus.htm (EX-4.2) — 131KB
- ea020784601ex4-3_lytus.htm (EX-4.3) — 133KB
- ea020784601ex10-1_lytus.htm (EX-10.1) — 276KB
- ea020784601ex10-2_lytus.htm (EX-10.2) — 85KB
- ea020784601ex10-3_lytus.htm (EX-10.3) — 134KB
- ea020784601ex10-4_lytus.htm (EX-10.4) — 190KB
- ea020784601ex10-5_lytus.htm (EX-10.5) — 82KB
- 0001213900-24-052562.txt ( ) — 1186KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: June 13, 2024 Lytus Technologies Holdings PTV. Ltd. By: /s/ Dharmesh Pandya Name: Dharmesh Pandya Title: Chief Executive Officer 3