other material
confidence high
sentiment neutral
materiality 0.60
W Technologies exchanges $161,841 note and 1M preferred shares for 7.68M common shares with controlling holder MACA
Crisp Momentum Inc.
- Exchanged $161,841 outstanding note and 1,000,000 Series F Preferred shares for 7,678,732 common shares.
- Note cancelled and Indebtedness satisfied in full; preferred shares redeemed and returned to authorized but unissued.
- MACA retained voting control as majority stockholder after exchange, owning 7.68M common shares.
- Company filed Certificate of Withdrawal eliminating Series F Convertible Preferred Stock designation.