secwatch.observer — SEC 8-K summary
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Issuer:     SolarWindow Technologies, Inc. (WNDW)
CIK:        0001071840
Form:       8-K
Filed at:   2023-01-19T23:59:59+00:00
Accession:  0001171843-23-000340
Event type: regulatory
Sentiment:  negative
Materiality: 0.90
Item codes: 2.01, 5.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

BCSC cease trade order; SolarWindow exits Korea, elects 67% holder
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- Formally exiting South Korea, dissolving SolarWindow Asia Co.; recognized $674,200 impairment on $1,894,000 total investment; no capital since May 2, 2022.
- Elected Harmel S. Rayat to board; he is president/sole stockholder of Kalen Capital, owns 35.6M shares (66.99% of outstanding), also CEO of RenovaCare.
- BC Securities Commission issued Cease Trade Order on Jan 10, 2022 due to failure to file FY2022 annual audited financials, MD&A, and annual information form.
- Former director Rhee still controls Korean subsidiary's records, preventing audit; company pursuing South Korean legal action to gain access.
- Company exploring alternative means to provide stockholders financial information pending resolution of Korean subsidiary issues.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1071840/000117184323000340/0001171843-23-000340-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1071840/000117184323000340/f8k_011923.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-000340

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