Energous Corp Enters Material Definitive Agreement

Ticker: WATT · Form: 8-K · Filed: Feb 20, 2024 · CIK: 1575793

Energous Corp 8-K Filing Summary
FieldDetail
CompanyEnergous Corp (WATT)
Form Type8-K
Filed DateFeb 20, 2024
Risk Levelmedium
Pages3
Reading Time4 min
Key Dollar Amounts$0.00001, $1.96, $0.001, $1.84, $1.7 million
Sentimentneutral

Sentiment: neutral

Topics: material-agreement, corporate-action

TL;DR

**Energous just signed a big new deal, expect potential shifts in their business!**

AI Summary

Energous Corporation filed an 8-K on February 20, 2024, reporting an event that occurred on February 15, 2024. The filing indicates an "Entry into a Material Definitive Agreement" and "Other Events," suggesting a significant new contractual obligation or business development. The company, based in San Jose, California, operates in the radio and TV broadcasting and communications equipment sector.

Why It Matters

This filing signals a potentially significant business development for Energous, which could impact its future operations, financial performance, and strategic direction.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement without disclosing its specifics, creating uncertainty about its financial implications and strategic impact.

Key Players & Entities

  • Energous Corporation (company) — Registrant
  • February 15, 2024 (date) — Date of earliest event reported
  • February 20, 2024 (date) — Filed as of date
  • San Jose, California (company) — Business address location
  • 001-36379 (other) — Commission File Number

FAQ

What was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on February 15, 2024.

What is the primary nature of the event reported by Energous Corporation?

The primary nature of the event reported is the "Entry into a Material Definitive Agreement" and "Other Events."

When was this 8-K filing submitted to the SEC?

This 8-K filing was submitted to the SEC on February 20, 2024.

What is Energous Corporation's business address?

Energous Corporation's business address is 3590 North First Street, Suite 210, San Jose, California, 95134.

What is Energous Corporation's Commission File Number?

Energous Corporation's Commission File Number is 001-36379.

Filing Stats: 897 words · 4 min read · ~3 pages · Grade level 10 · Accepted 2024-02-20 16:03:05

Key Financial Figures

  • $0.00001 — nge on which registered Common Stock, $0.00001 par value WATT The Nasdaq Stock Mar
  • $1.96 — mpanying Warrant at a combined price of $1.96 per share of Common Stock or Pre-Funded
  • $0.001 — re of Common Stock at a price of either $0.001 per share, in the case of the Pre-Funde
  • $1.84 — the case of the Pre-Funded Warrants, or $1.84 per share, in the case of the Warrants.
  • $1.7 million — o receive net proceeds of approximately $1.7 million from the Offering, after deducting plac

Filing Documents

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 4.1 Form of Pre-Funded Warrant. 4.2 Form of Warrant. 5.1 Opinion of Perkins Coie LLP. 10.1 Form of Securities Purchase Agreement. 23.1 Consent of Perkins Coie LLP (included in Exhibit 5.1). 99.1 Press release dated February 15, 2024. 104 Cover Page Interactive Data File (embedded as Inline XBRL document)

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. ENERGOUS CORPORATION Date: February 20, 2024 By: /s/ Cesar Johnston Cesar Johnston President and Chief Executive Officer

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