secwatch.observer — SEC 8-K summary
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Issuer:     Securetech Innovations, Inc. (SCTH)
CIK:        0001703157
Form:       8-K
Filed at:   2023-06-02T23:59:59+00:00
Accession:  0001017386-23-000246
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 3.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SecureTech creates Series A Preferred with 10,000 votes per share; exchanges 25M common for 2,500 preferred
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- On May 31, 2023, SecureTech exchanged 25 million common shares for 2,500 newly issued Series A Preferred shares.
- As of June 2, 2023: 86,850,513 common shares and 2,500 Series A Preferred shares outstanding.
- Series A Preferred ranks superior to common; each share carries 10,000 votes (no cumulative voting); up to 250,000 shares authorized.
- Corporation may redeem Preferred after one year for cash or 10,000 common shares per Preferred share.
- Certificate of Designation filed as Exhibit 3.4; Preferred shares issued in unregistered transaction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1703157/000101738623000246/0001017386-23-000246-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1703157/000101738623000246/scth_form8k06022023.htm
  HTML page:      https://secwatch.observer/filing/0001017386-23-000246

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