secwatch.observer — SEC 8-K summary
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Issuer:     SolarWindow Technologies, Inc. (WNDW)
CIK:        0001071840
Form:       8-K
Filed at:   2022-06-15T23:59:59+00:00
Accession:  0001171843-22-004372
Event type: litigation
Sentiment:  negative
Materiality: 0.85
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SolarWindow sued for breach of stock purchase agreement; court enjoins share transfers
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- Kalen Capital seeks return of 32,984,331 common shares, 16,780,167 cash warrants, and 1,781,750 cashless warrants from LQE.
- Purchase price was $47.50 million CDN; LQE failed to pay by April 7, 2022 deadline and did not return shares.
- BC Supreme Court issued order on May 16, 2022 enjoining LQE, Rhee, Ko, and SolarWindow from dealing with the securities.
- SolarWindow was served on June 9, 2022; answer due by July 13, 2022 (35 days for US defendants).
- Plaintiffs also seek damages for breach of contract and a constructive trust over the shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1071840/000117184322004372/0001171843-22-004372-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1071840/000117184322004372/f8k_061422.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-004372

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