8-K
filed May 26, 2022, 7:59 PM ET
ticker LIMX
CIK 0001803977
M&A
confidence high
sentiment neutral
materiality 0.90
Bio Lab Naturals completes acquisition of LimitlessX, issuing 97 million shares
Limitless X Holdings Inc.
- Issued 97 million shares to LimitlessX shareholders on May 20, 2022, with additional 9 million due within six months.
- Jaspreet Mathur, founder of LimitlessX, becomes controlling shareholder with 67% common stock and Class A preferred shares.
- Four directors resigned at closing: W. Edward Nichols, Darrell Avey, Jeremy Ostler, and Calvin D. Smiley, Sr.
- Entered four consulting agreements, issuing 1 million restricted shares to consultants for six-month services.
- LimitlessX holds exclusive manufacturing and distribution licenses for Divatrim, Smilz, Amarose, and LPI brands.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Benjamin Chung was appointed as Chief Financial Officer at Limitless X Holdings Inc..
- Action
- appointed
- Role
- Chief Financial Officer
Exact text from the filing
Benjamin Chung was appointed as Chief Financial Officer
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Bharat Raj Mathur was appointed as Director at Limitless X Holdings Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
Bharat Raj Mathur, age 67, became a director of the Company on May 20, 2022.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Darrell Avey resigned as Director at Limitless X Holdings Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
W. Edward Nichols, Darrell Avey, Jeremy Ostler and Calvin D. Smiley, Sr. resigned as officers and directors of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Amanda Saccomanno was appointed as Director at Limitless X Holdings Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
Amanda Saccomanno, age 31, became a director of the Company on May 20, 2022.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Calvin D. Smiley, Sr. resigned as Director at Limitless X Holdings Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
W. Edward Nichols, Darrell Avey, Jeremy Ostler and Calvin D. Smiley, Sr. resigned as officers and directors of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
W. Edward Nichols resigned as Director at Limitless X Holdings Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
W. Edward Nichols, Darrell Avey, Jeremy Ostler and Calvin D. Smiley, Sr. resigned as officers and directors of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jaspreet Mathur was appointed as Chairman and Chief Executive Officer at Limitless X Holdings Inc..
- Action
- appointed
- Role
- Chairman and Chief Executive Officer
Exact text from the filing
Jaspreet Mathur was appointed as the Company’s Chairman and Chief Executive Officer
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jeremy Ostler resigned as Director at Limitless X Holdings Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
W. Edward Nichols, Darrell Avey, Jeremy Ostler and Calvin D. Smiley, Sr. resigned as officers and directors of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Danielle Young was appointed as Chief Operating Officer at Limitless X Holdings Inc..
- Action
- appointed
- Role
- Chief Operating Officer
Exact text from the filing
Danielle Young was appointed as Chief Operating Officer
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Kenneth Haller was appointed as President at Limitless X Holdings Inc..
- Action
- appointed
- Role
- President
Exact text from the filing
Kenneth Haller was appointed as President
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Dov Konetz was appointed as Director at Limitless X Holdings Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
Jaspreet Mathur, Bharat Raj Mathur, Kenneth Haller, Amanda Saccomanno and Dov Konetz were appointed directors of the Company.
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.