secwatch.observer — SEC 8-K summary
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Issuer:     Beyond Commerce, Inc. (BYOC)
CIK:        0001386049
Form:       8-K
Filed at:   2022-04-14T23:59:59+00:00
Accession:  0001096906-22-000863
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beyond Commerce signs LOI to acquire Electric Built Inc., appoints Remo Weber as COO
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- LOI to acquire Electric Built Inc. (EV design/engineering) for $1M in stock; $50k initial restricted shares in escrow.
- Transaction subject to definitive agreement, due diligence, and board approval; exclusivity through Sep 20, 2022.
- Remo Weber, current CEO of Electric Built, to be appointed COO of Beyond Commerce upon closing.
- Beyond Commerce also gets right of first refusal on assets of Electrogistics, Inc.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1386049/000109690622000863/0001096906-22-000863-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1386049/000109690622000863/byoc-20220408.htm
  HTML page:      https://secwatch.observer/filing/0001096906-22-000863

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer