secwatch.observer — SEC 8-K summary
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Issuer:     VERDE BIO HOLDINGS, INC. (APHD)
CIK:        0001490054
Form:       8-K
Filed at:   2023-12-15T23:59:59+00:00
Accession:  0001096906-23-002378
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Verde Bio Holdings enters merger agreement with SensaSure Technologies subsidiary
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- Agreement signed Dec 11, 2023; Verde Bio to merge into Formation Minerals, a wholly-owned subsidiary of SensaSure Technologies.
- Verde Bio stockholders will receive shares of Parent capital stock based on exchange ratios in the merger agreement.
- Closing conditions include stockholder approval, SEC registration statement effectiveness, and Nasdaq listing of Parent common stock.
- Merger agreement may be terminated if not completed by Feb 1, 2024.
- Post-closing board to include at least two Verde Bio designees, one independent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490054/000109690623002378/0001096906-23-002378-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490054/000109690623002378/vbhi-20231215.htm
  HTML page:      https://secwatch.observer/filing/0001096906-23-002378

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