Item 3.02 Unregistered Sales of Equity Securities.
On December 7, 2022, the company completed the placement of an additional
636,454 shares of its common stock, par value, $0.001 per share, in a private
sale to individual purchasers at a price of $2.20 per share, for aggregate
proceeds in the amount of $1,400,200, bringing the total shares issued in its
recent private placement to 2,993,727 for aggregate proceeds of $6,586,200 . All
of the purchasers are accredited, sophisticated investors, and the issuance of
the shares was not in connection with any public offering in accordance with
Section 4(a)(2) of the Securities Act of 1933. The company issued a press
release on December 8, 2022 announcing the completion of the placement and
providing additional information. A copy of the release is filed as Exhibit 99
to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
Exhibit 99 Press Release, dated December 8, 2022, -- Applied Energetics
Announces Completion of $6.586 Million Private Placement of Common
Stock
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
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