Swarmer announced a 24-month equity purchase facility with Lucid Capital Markets, allowing the company to sell up to the lesser of 3,000,000 shares or the Exchange Cap at 98% of VWAP, subject to price and volume thresholds. The company retains full discretion over timing and size of sales, and may also execute intraday purchases. To support the facility, Swarmer entered into a Registration Rights Agreement with Lucid and filed an initial Form S-1 on June 10, 2026, with commitments to file additional registration statements as needed. Swarmer also engaged Seaport Global Securities as the qualified independent underwriter for the S-1, reimbursing fees up to $55,000.

Agreement 1: Swarmer Sets Up 24-Month Equity Purchase Facility With Lucid Capital Markets for Up to 3M Shares

• Agreement type: Common Stock Purchase Agreement (equity line financing)
• Counterparty: Lucid Capital Markets
• Signed / Effective: Jun 10 2026 / same
• Duration / Termination: 24 months from Commencement
• Reason: Flexible access to equity capital for operations and growth

Agreement 2: Swarmer Files S-1 and Grants Lucid Registration Rights to Support Equity Facility

• Agreement type: Registration Rights Agreement
• Counterparty: Lucid Capital Markets
• Signed / Effective: Jun 10 2026 / same
• Duration / Termination: Until resale registration obligations satisfied
• Reason: Enable resale of shares under the purchase facility

Agreement 3: Swarmer Engages Seaport Global as Qualified Independent Underwriter for S-1; Fees Up to $55,000

• Agreement type: Qualified independent underwriter engagement for S-1
• Counterparty: Seaport Global Securities
• Signed / Effective: Jun 10 2026 / same
• Duration / Termination: Engagement for S-1 offering
• Reason: Comply with FINRA Rule 5121 and support registration

Original SEC Filing: Swarmer, Inc [ SWMR ] - 8-K - Jun. 10, 2026