---
schema_version: "secwatch.filing_event.v1"
accession: "0001096906-23-001397"
form_type: "8-K"
ticker: "CRCE"
cik: "0001911467"
company_name: "Circle Energy, Inc./NV"
filed_at: "2023-07-13T23:59:59+00:00"
generated_at: "2026-06-13T08:58:28.348235+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Circle Energy shareholders approve share increase, new equity plan

## Summary
- Authorized shares increased from 150M to 200M (150M common, 50M preferred) with creation of preferred stock.
- 2023 Long-Term Incentive Plan approved, reserving 250,000 shares for awards to employees and directors.
- Vote by written consent of majority stockholder Lloyd T. Rochford, holding 71.9% of voting power.
- Articles amended to add Nevada as exclusive forum for certain disputes.

## SEC filing metadata
- accession: 0001096906-23-001397
- form_type: 8-K
- ticker: CRCE
- cik: 0001911467
- company_name: Circle Energy, Inc./NV
- filed_at: 2023-07-13T23:59:59+00:00
- event_type: other
- 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/1911467/000109690623001397/0001096906-23-001397-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1911467/000109690623001397/crcl-20230713.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-23-001397
- JSON: https://secwatch.observer/filing/0001096906-23-001397.json
- Plain text: https://secwatch.observer/filing/0001096906-23-001397.txt

## Key facts
- Governance Changes
  Circle Energy, Inc./NV: Amended and restated Articles of Incorporation to increase authorized shares to 200,000,000, create Preferred Shares class, remove initial director names, remove original Article Seventh, renumber articles, and add Nevada exclusive forum provision (effective 2023-07-11).
  - Change: charter amendment
  - Effective: 2023-07-11
  source text: On July 11, 2023, stockholders holding a majority of the Company’s outstanding voting capital stock approved a shareholder resolution to amend and restate the Articles of Incorporation. It is anticipated that the Amended and Restated Articles will become effective on the date that the Amended and Restated Articles are filed with the Nevada Secretary of State.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1911467/000109690623001397/0001096906-23-001397-index.htm
- Shareholder Votes
  Circle Energy, Inc./NV shareholders approved Approve the 2023 Company Stock Incentive Plan at the 2023-07-11 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-07-11
  source text: and (ii) to approve the 2023 Company Stock Incentive Plan adopted by the Board of directors. The corporate actions were approved on July 11, 2023, by Lloyd T. Rochford, a stockholder holding 1,100,000 shares of Common Stock, which represents approximately 71.9% of the voting power
  evidence_url: https://www.sec.gov/Archives/edgar/data/1911467/000109690623001397/0001096906-23-001397-index.htm
- Shareholder Votes
  Circle Energy, Inc./NV shareholders approved Adopt and approve Amended and Restated Articles of Incorporation to amend Articles of Incorporation at the 2023-07-11 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-07-11
  source text: On July 11, 2023, stockholders holding a majority of the Company’s outstanding voting capital stock approved the following corporate actions: (i) to adopt and approve the Amended and Restated Articles of Incorporation to amend our Articles of Incorporation
  evidence_url: https://www.sec.gov/Archives/edgar/data/1911467/000109690623001397/0001096906-23-001397-index.htm

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