secwatch.observer — SEC 8-K summary
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Issuer:     CFN Enterprises Inc. (CNFN)
CIK:        0001352952
Form:       8-K
Filed at:   2025-07-11T23:59:59+00:00
Accession:  0001096906-25-001131
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.01, 3.02, 1.01, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CFN Enterprises closes acquisition of J Street Capital Partners and effects 1-for-10 reverse stock split
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- Acquired 100% of J Street Capital Partners, an importer/wholesaler of wine and spirits, on July 1, 2025; issued 1.5M shares to seller.
- Effected a 1-for-10 reverse stock split effective July 11, 2025, to meet Nasdaq minimum bid price for potential uplisting.
- Authorized shares remain 500M; par value $0.001; new CUSIP 12529C 308; stock continues trading on OTCQB under CNFN.
- Board resolved reverse split on May 10, 2025, following stockholder approval in July 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1352952/000109690625001131/0001096906-25-001131-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1352952/000109690625001131/cnfn-20250711.htm
  HTML page:      https://secwatch.observer/filing/0001096906-25-001131

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