{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-03T09:35:35.118246+00:00","company":{"ticker":"KSEZ","cik":1945619,"company_name":"Kinetic Seas Inc."},"pagination":{"limit":100,"returned":6,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","facts":[{"fact_type":"debt_financing","fact_key":"0cf399cdca0f55294c362f38d6db58ce05336fb1","cik":1945619,"ticker":"KSEZ","company_name":"Kinetic Seas Inc.","filed_at":"2026-02-27T23:59:59+00:00","payload":{"counterparty":"LABRYS FUND II, L.P.","effective_date":"2026-02-23","event":"incurrence","instrument_type":"loan","interest_rate_text":"8% one-time interest charge","item_codes_triggered":["2.03"],"maturity_text":"February 23, 2027","principal_text":"$148,500"},"claim":"Kinetic Seas Inc. incurred loan of $148,500 with LABRYS FUND II, L.P. at 8% one-time interest charge maturing February 23, 2027.","evidence_excerpt":"On February 23, 2026, Kinetic Seas Incorporated (the “Company”) entered into a Securities Purchase Agreement with LABRYS FUND II, L.P. pursuant to which the Company issued an unsecured promissory note (the “Note”) in the principal amount of $148,500 for gross proceeds of $135,000.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001683168-26-001361","anchor_url":"https://secwatch.observer/filing/0001683168-26-001361#claim-0cf399cdca0f55294c362f38d6db58ce05336fb1","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1945619/000168316826001361/0001683168-26-001361-index.htm"},{"fact_type":"material_agreement","fact_key":"f29c7236cd36addc04919aace5e29fb42d1d81aa","cik":1945619,"ticker":"KSEZ","company_name":"Kinetic Seas Inc.","filed_at":"2026-02-27T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Securities Purchase Agreement","agreement_type":"equity_purchase","counterparty":"LABRYS FUND II, L.P.","effective_date":"2026-02-23","item_codes_triggered":["1.01"],"value_text":"$148,500"},"claim":"Kinetic Seas Inc. entered into Securities Purchase Agreement with LABRYS FUND II, L.P. valued at $148,500 (effective 2026-02-23).","evidence_excerpt":"On February 23, 2026, Kinetic Seas Incorporated (the “Company”) entered into a Securities Purchase Agreement with LABRYS FUND II, L.P. pursuant to which the Company issued an unsecured promissory note (the “Note”) in the principal amount of $148,500 for gross proceeds of $135,000.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001683168-26-001361","anchor_url":"https://secwatch.observer/filing/0001683168-26-001361#claim-f29c7236cd36addc04919aace5e29fb42d1d81aa","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1945619/000168316826001361/0001683168-26-001361-index.htm"},{"fact_type":"shareholder_vote","fact_key":"c1666535b4765e2d92e4a6574c673543346c8af7","cik":1945619,"ticker":"KSEZ","company_name":"Kinetic Seas Inc.","filed_at":"2024-05-08T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-05-06","outcome":"passed","proposal_text":"Ratification of actions taken at closing under Agreement of Merger and Plan of Reorganization dated January 3, 2015","proposal_type":"merger_approval","votes_abstain_text":"-0-","votes_against_text":"-0-","votes_for_text":"24,748,300"},"claim":"Kinetic Seas Inc. shareholders approved Ratification of actions taken at closing under Agreement of Merger and Plan of Reorganization dated January 3, 2015 at the 2024-05-06 meeting.","evidence_excerpt":"Item 2: Ratification of actions taken a closing under Agreement of Merger and Plan of Reorganization dated January 3, 2015 For Against Abstain Broker Non-Votes 24,748,300 -0- -0- N/A","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001683168-24-003111","anchor_url":"https://secwatch.observer/filing/0001683168-24-003111#claim-c1666535b4765e2d92e4a6574c673543346c8af7","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1945619/000168316824003111/0001683168-24-003111-index.htm"},{"fact_type":"shareholder_vote","fact_key":"3b74a11d13f3757bc0e986fbca88d8d16b45f4fa","cik":1945619,"ticker":"KSEZ","company_name":"Kinetic Seas Inc.","filed_at":"2024-05-08T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-05-06","outcome":"passed","proposal_text":"Ratification of seven amendments to the Company's Articles of Incorporation","proposal_type":"charter_amendment","votes_abstain_text":"500","votes_against_text":"-0-","votes_for_text":"24,752,010"},"claim":"Kinetic Seas Inc. shareholders approved Ratification of seven amendments to the Company's Articles of Incorporation at the 2024-05-06 meeting.","evidence_excerpt":"Item 1: Ratification of seven amendments to the Company’s Articles of Incorporation For Against Abstain Broker Non-Votes 24,752,010 -0- 500 N/A","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001683168-24-003111","anchor_url":"https://secwatch.observer/filing/0001683168-24-003111#claim-3b74a11d13f3757bc0e986fbca88d8d16b45f4fa","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1945619/000168316824003111/0001683168-24-003111-index.htm"},{"fact_type":"auditor_change","fact_key":"e0516d19d6c782cc834b33c632fa3e5d5b379bfd","cik":1945619,"ticker":"KSEZ","company_name":"Kinetic Seas Inc.","filed_at":"2024-05-08T23:59:59+00:00","payload":{"action":"engagement","auditor_name":"Bush & Associates CPA","disagreement_text":null,"effective_date":"2024-05-07","item_codes_triggered":["4.01"],"non_reliance_signal":"none","successor_auditor_name":null},"claim":"Kinetic Seas Inc. engaged Bush & Associates CPA as its auditor.","evidence_excerpt":"The Company has approved the engagement of Bush & Associates CPA (“Bush”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024, which engagement was effective May 7, 2024.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001683168-24-003111","anchor_url":"https://secwatch.observer/filing/0001683168-24-003111#claim-e0516d19d6c782cc834b33c632fa3e5d5b379bfd","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1945619/000168316824003111/0001683168-24-003111-index.htm"},{"fact_type":"auditor_change","fact_key":"4a42043bc4140cf4920ac017f7a2856cd3441ff4","cik":1945619,"ticker":"KSEZ","company_name":"Kinetic Seas Inc.","filed_at":"2024-05-08T23:59:59+00:00","payload":{"action":"dismissal","auditor_name":"BF Borgers CPA PC","disagreement_text":null,"effective_date":"2024-05-03","item_codes_triggered":["4.01"],"non_reliance_signal":"none","successor_auditor_name":null},"claim":"Kinetic Seas Inc. dismissed BF Borgers CPA PC as its auditor.","evidence_excerpt":"the Company has dismissed Borgers as its independent account because it is no longer authorized to perform audits for the Company.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001683168-24-003111","anchor_url":"https://secwatch.observer/filing/0001683168-24-003111#claim-4a42043bc4140cf4920ac017f7a2856cd3441ff4","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1945619/000168316824003111/0001683168-24-003111-index.htm"}]}