---
schema_version: "secwatch.filing_event.v1"
accession: "0001199835-22-000373"
form_type: "8-K"
ticker: "LRDC"
cik: "0001442492"
company_name: "Laredo Oil, Inc."
filed_at: "2022-06-24T23:59:59+00:00"
generated_at: "2026-06-24T23:15:33.906375+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Laredo Oil assigns rights to purchase 356,243 Olfert units to CFO Bradley Sparks

## Summary
- Assigns to CFO Bradley E. Sparks rights to purchase 356,243 of 500,000 membership units of Olfert No. 11-4 Holdings.
- Sparks pays $356,243 of company's remaining $500,000 capital commitment to Olfert.
- Transaction approved by uninterested members of board of directors.
- Agreement dated June 22, 2022, effective immediately.

## SEC filing metadata
- accession: 0001199835-22-000373
- form_type: 8-K
- ticker: LRDC
- cik: 0001442492
- company_name: Laredo Oil, Inc.
- filed_at: 2022-06-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1442492/000119983522000373/0001199835-22-000373-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1442492/000119983522000373/laredo_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001199835-22-000373
- JSON: https://secwatch.observer/filing/0001199835-22-000373.json
- Plain text: https://secwatch.observer/filing/0001199835-22-000373.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.