secwatch.observer — SEC 8-K summary
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Issuer:     VERDE BIO HOLDINGS, INC. (APHD)
CIK:        0001490054
Form:       8-K
Filed at:   2024-02-13T23:59:59+00:00
Accession:  0001096906-24-000195
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Verde Bio extends merger deadline to June 30; issues 5.1% stake to Spartan Capital
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- Merger termination date extended from Feb 1 to June 30, 2024.
- Spartan Capital to receive 5,000,000 Parent shares (5.1% fully diluted) for advisory services.
- Anti-dilution: if uplisting drops Spartan's stake below 4%, Parent will issue additional shares to restore 4%.
- Amendment also clarifies Proxy Statement preparation and Spartan share issuance in Parent common stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490054/000109690624000195/0001096906-24-000195-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490054/000109690624000195/vbhi-20240212.htm
  HTML page:      https://secwatch.observer/filing/0001096906-24-000195

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