Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
CFN Enterprises Inc.: Amended Certificate of Incorporation to effect a 1-for-10 reverse stock split of common stock (effective 2025-07-11).
- Change
- charter amendment
- Effective
- 2025-07-11
Exact text from the filing
On July 11, 2025, following the completion of regulatory requirements to effect the reverse split, the Company filed a Certificate of Amendment to its Certificate of Incorporation with the Secretary of State of the State of Delaware pursuant to which Article Fourth of the Company’s Certificate of Incorporation was amended to effect a reverse split such that every issued and outstanding share of Common Stock (the “Old Common Stock”) immediately prior to the effective time of 5:00 p.m. Eastern time on July 11, 2025 (the “Reverse Stock Effective Time”) will be automatically reclassified and converted into one-tenth of a share of Common Stock (the “New Common Stock”) (the “Reverse Stock Split”).
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M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
CFN Enterprises Inc. completed an acquisition involving Seller (owner of all equity interests of J Street Capital Partners, LLC) (closed 2025-07-01).
- Action
- acquisition
- Counterparty
- Seller (owner of all equity interests of J Street Capital Partners, LLC)
- Closing
- 2025-07-01
Exact text from the filing
The acquisition of J Street closed on July 1, 2025 and in connection with the acquisition, the Company issued 1.5 million shares of Company common stock to the Seller, pursuant to an exemption under Section 4(a)(2) of the Securities Act of 1933, as amended.
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