Odysight.ai Inc. Files 8-K for Material Agreement
Ticker: ODYS · Form: 8-K · Filed: Jul 15, 2024 · CIK: 1577445
| Field | Detail |
|---|---|
| Company | Odysight.Ai INC. (ODYS) |
| Form Type | 8-K |
| Filed Date | Jul 15, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001, $4.80, $10.3 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, equity-sale, corporate-event
TL;DR
Odysight.ai Inc. filed an 8-K on July 9, 2024, detailing a material definitive agreement and equity sales.
AI Summary
On July 9, 2024, Odysight.ai Inc. entered into a material definitive agreement. The company also reported on unregistered sales of equity securities and other events. This filing is related to financial statements and exhibits.
Why It Matters
This 8-K filing indicates significant corporate activity, potentially including new agreements or equity transactions that could impact the company's financial standing and future operations.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements and unregistered sales of equity, which can introduce financial and operational risks.
Key Players & Entities
- Odysight.ai Inc. (company) — Registrant
- July 9, 2024 (date) — Date of earliest event reported
FAQ
What type of material definitive agreement did Odysight.ai Inc. enter into?
The filing does not specify the exact nature of the material definitive agreement, only that one was entered into on July 9, 2024.
What is the significance of the 'Unregistered Sales of Equity Securities' mentioned?
This indicates that Odysight.ai Inc. has sold equity securities that were not registered with the SEC, which can have implications for dilution and investor rights.
What are the former names of Odysight.ai Inc.?
Odysight.ai Inc. was formerly known as ScoutCam Inc. (name change effective January 2, 2020) and Intellisense Solutions Inc. (name change effective May 21, 2013).
Where is Odysight.ai Inc. located?
The company's business and mailing address is 14201 N. Hayden Road, Suite A-1, Scottsdale, AZ 85260.
What is the SIC code for Odysight.ai Inc.?
The Standard Industrial Classification code for Odysight.ai Inc. is 3827, which corresponds to Optical Instruments & Lenses.
Filing Stats: 888 words · 4 min read · ~3 pages · Grade level 10.9 · Accepted 2024-07-15 09:05:34
Key Financial Figures
- $0.001 — the Company's common stock par value US$0.001 per share (the "Common Stock"), at a pu
- $4.80 — "Common Stock"), at a purchase price of $4.80 per share (the "Private Placement") by
- $10.3 million — Act"). The Company expects to receive $10.3 million in gross proceeds from the Private Plac
Filing Documents
- form8-k.htm (8-K) — 48KB
- ex10-1.htm (EX-10.1) — 41KB
- ex99-1.htm (EX-99.1) — 16KB
- ex99-1_001.jpg (GRAPHIC) — 3KB
- 0001493152-24-027243.txt ( ) — 289KB
- odys-20240709.xsd (EX-101.SCH) — 3KB
- odys-20240709_lab.xml (EX-101.LAB) — 33KB
- odys-20240709_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ODYSIGHT.AI INC . Date: July 15, 2024 By: /s/ Einav Brenner Name: Einav Brenner Title: Chief Financial Officer 3