secwatch.observer — SEC 8-K summary
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Issuer:     I-ON Digital Corp. (IONI)
CIK:        0001580490
Form:       8-K
Filed at:   2023-01-23T23:59:59+00:00
Accession:  0001140361-23-002433
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.01, 5.01
LLM model:  deepseek-v4-flash:cloud@v2

I-On Digital changes control: IAC holds 58.9% voting stake after note payment
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- IAC paid $250,000 promissory note in full; Series A and Series B Preferred Shares released on Jan 20, 2023.
- IAC now holds 58.9% of total outstanding voting capitalization, triggering change of control.
- Existing officers and directors expected to resign; IAC management to be appointed upon filing of Form 10-Q/A.
- Company's business focuses on digitization of precious metals and asset-based digital securities on blockchain.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580490/000114036123002433/0001140361-23-002433-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580490/000114036123002433/brhc10046915_form8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-002433

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