---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-23-002864"
form_type: "8-K"
ticker: null
cik: "0001108630"
company_name: "Live Current Media Inc."
filed_at: "2023-02-14T23:59:59+00:00"
generated_at: "2026-06-19T13:05:25.059240+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Live Current Media increases authorized common shares to 850M, creates 100M preferred shares

## Summary
- Effective Jan 18, 2023, authorized common shares increased from 500M to 850M, and 100M preferred shares created.
- Amendment approved by written consent of 51% of outstanding shares (82.2M for, 0.26M against), based on Dec 22 record date.
- Board has discretion to issue preferred stock in series with rights that may be superior to common.
- This capital structure change enables potential future fundraising, acquisitions, or other corporate actions.

## SEC filing metadata
- accession: 0001062993-23-002864
- form_type: 8-K
- cik: 0001108630
- company_name: Live Current Media Inc.
- filed_at: 2023-02-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108630/000106299323002864/0001062993-23-002864-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1108630/000106299323002864/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-23-002864
- JSON: https://secwatch.observer/filing/0001062993-23-002864.json
- Plain text: https://secwatch.observer/filing/0001062993-23-002864.txt

## Key facts
- Governance Changes
  Live Current Media Inc.: Amended articles of incorporation to increase authorized common shares from 500,000,000 to 850,000,000 and create a class of preferred stock with 100,000,000 authorized shares (effective 2023-01-18).
  - Change: charter amendment
  - Effective: 2023-01-18
  source text: Effective January 18, 2023, Live Current Media Inc. (the " Company ") amended its articles of incorporation (the " Articles ") by: (a) increasing the number of authorized shares of common stock, par value $0.001 (the " Common Stock ") from 500,000,000 shares of Common Stock to 850,000,000 shares of Common Stock; and (b) creating a class of preferred stock, par value $0.001 (the " Preferred Stock ") and authorizing the issuance of up to 100,000,000 shares of Preferred Stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108630/000106299323002864/0001062993-23-002864-index.htm
- Shareholder Votes
  Live Current Media Inc. shareholders approved Amend the Company's Articles.
  - Proposal: charter amendment
  - Outcome: passed
  source text: Stockholders holding a total of 82,438,709 shares of Common Stock as of the Record Date provided written consents in respect of the proposed amendments to the Company's Articles as follows: Shares %* Written consents submitted FOR the amendments 82,175,899 51% Written consents submitted AGAINST the amendments 262,810 <1% Written consents submitted ABSTAINING 0 n/a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108630/000106299323002864/0001062993-23-002864-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.