PetVivo Holdings Files 8-K: Material Agreement & Equity Sales
Ticker: PETVW · Form: 8-K · Filed: Feb 13, 2025 · CIK: 1512922
| Field | Detail |
|---|---|
| Company | Petvivo Holdings, Inc. (PETVW) |
| Form Type | 8-K |
| Filed Date | Feb 13, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.65, $617,500.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, equity-sale, 8-k
Related Tickers: PETV
TL;DR
PETV filed an 8-K on 2/13/25 for a material agreement and equity sales.
AI Summary
On February 13, 2025, PetVivo Holdings, Inc. filed an 8-K report detailing a material definitive agreement. The filing also covers unregistered sales of equity securities and includes financial statements and exhibits. The company is incorporated in Nevada and its fiscal year ends on March 31.
Why It Matters
This filing indicates significant corporate activity, including a new material agreement and the issuance of equity, which could impact the company's financial structure and future operations.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements and unregistered equity sales, which can introduce financial and regulatory risks.
Key Numbers
- 001-40715 — SEC File Number (Identifies the company's filing with the SEC.)
- 99-0363559 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- PetVivo Holdings, Inc. (company) — Registrant
- February 13, 2025 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of incorporation
- Edina, Minnesota (location) — Business and mail address
FAQ
What is the nature of the material definitive agreement filed by PetVivo Holdings, Inc.?
The 8-K filing indicates the entry into a material definitive agreement, but the specific details of the agreement are not provided in the excerpt.
What type of equity securities were sold unregistered?
The filing mentions 'Unregistered Sales of Equity Securities' but does not specify the type or amount of securities sold in the provided text.
When is PetVivo Holdings, Inc.'s fiscal year end?
PetVivo Holdings, Inc.'s fiscal year ends on March 31.
What is the company's primary business address?
The company's business address is 5151 Edina Industrial Blvd., Suite 575, Edina, Minnesota 55439.
What was the former name of PetVivo Holdings, Inc.?
The former name of PetVivo Holdings, Inc. was Technologies Scan Corp, with a date of name change on February 11, 2011.
Filing Stats: 580 words · 2 min read · ~2 pages · Grade level 11.6 · Accepted 2025-02-13 14:46:56
Key Financial Figures
- $0.65 — restricted common stock, at a price of $0.65 per Share. In total the Company raised
- $617,500.00 — per Share. In total the Company raised $617,500.00 pursuant to the private offering of the
Filing Documents
- form8-k.htm (8-K) — 42KB
- ex10-1.htm (EX-10.1) — 72KB
- ex10-1_001.jpg (GRAPHIC) — 6KB
- 0001493152-25-006395.txt ( ) — 346KB
- petv-20250213.xsd (EX-101.SCH) — 3KB
- petv-20250213_def.xml (EX-101.DEF) — 26KB
- petv-20250213_lab.xml (EX-101.LAB) — 36KB
- petv-20250213_pre.xml (EX-101.PRE) — 25KB
- form8-k_htm.xml (XML) — 5KB
01
Item 1.01. Item 3.02 Unregistered Sale of Securities. Effective as of February 13, 2025, PetVivo Holdings, Inc. (the "Company", "we" and "us") sold an aggregate of 950,000 shares ("Shares") to approximately eight accredited investors, with each Share consisting of one share of restricted common stock, at a price of $0.65 per Share. In total the Company raised $617,500.00 pursuant to the private offering of the Shares. The offering was conducted pursuant to the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended ("Securities Act"). Each investor entered into a subscription agreement (the "Subscription Agreement") with the Company and represented in writing that he, she, or it is an accredited investor and acquired the securities for his, her or its own account for investment purposes and any subsequent transfer or sales of these securities will be in accordance with the Securities Act or exempt from registration under the Securities Act. The Shares of the Company's common stock issued to the investors will be "restricted securities" under Rule 144 of the Securities Act, and certificates representing the foregoing will bear a Rule 144 restrictive legend. Item 9.01 Financial Statements and Exhibits. (d) Exhibits. The following exhibit are being furnished herein: 10.1 104 Form of Subscription Agreement Cover Page Interactive Data File (formatted as Inline XBRL)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized PETVIVO HOLDINGS, INC. Date: February 13, 2025 By: /s/ John Lai Name: John Lai Title: Chief Executive Officer