Coyni terminates merger with Logicquest after failing to respond to FINRA/OTC inquiries

Coyni, Inc.

Filed Termination of Merger with Nevada Secretary of State on Dec 6, 2023 due to inability to respond to FINRA/OTC inquiries.
Original Merger Agreement dated June 8, 2023 was to merge Coyni into Logicquest and change name to Coyni.
Termination not yet self-effectuating; still subject to Nevada Secretary of State review.
Company had previously filed Articles of Merger on June 9, 2023 and name change on June 23, 2023.
Merger rescinded due to inability to address regulator questions despite best efforts.

item 1.01 item 5.03 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Coyni, Inc.: Changed company name to 'Coyni, Inc.' via amendment to Articles of Incorporation (effective 2023-06-23).

Change: charter amendment
Effective: 2023-06-23

Exact text from the filing

On June 23, 2023, following the written consent of the Board of Directors and written consent in lieu of meeting by the majority and controlling shareholder of the Company, the State of Nevada accepted the amendment of the Company’s Articles of Incorporation changing the name of the Company to “Coyni, Inc."

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Coyni, Inc. entered into Merger Agreement with Logicquest Technology, Inc. (effective 2023-06-08).

Action: entry
Agreement: merger
Counterparty: Logicquest Technology, Inc.
Effective: 2023-06-08

Exact text from the filing

the Agreement and Plan of Merger (the “Merger Agreement”) with Logicquest Technology, Inc., a Nevada corporation ("Logicquest"), pursuant to which the Company and Logicquest agreed to merge on the terms and conditions set forth in the Merger Agreement.

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Source: SEC EDGAR

accession 0001185185-24-000106

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