---
schema_version: "secwatch.filing_event.v1"
accession: "0001199835-22-000416"
form_type: "8-K"
ticker: "LRDC"
cik: "0001442492"
company_name: "Laredo Oil, Inc."
filed_at: "2022-07-25T23:59:59+00:00"
generated_at: "2026-06-24T09:08:10.414199+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Laredo Oil retains Dawson James as financial advisor; $30k/quarter cash + 2.6M shares as compensation

## Summary
- Engagement term is 12 months; either party may terminate after 60 days with 30 days written notice.
- Cash compensation: $30,000 per quarter, first payment due one business day after signing.
- Equity compensation: 2,600,000 shares of common stock, issued in installments over four quarters.
- If Dawson secures at least $5M in equity financing, it gets right to act as lead manager or placement agent for subsequent offerings.
- Advisory services cover business/financial planning, corporate structure, and private/public financing.

## SEC filing metadata
- accession: 0001199835-22-000416
- form_type: 8-K
- ticker: LRDC
- cik: 0001442492
- company_name: Laredo Oil, Inc.
- filed_at: 2022-07-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1442492/000119983522000416/0001199835-22-000416-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1442492/000119983522000416/lrdc-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001199835-22-000416
- JSON: https://secwatch.observer/filing/0001199835-22-000416.json
- Plain text: https://secwatch.observer/filing/0001199835-22-000416.txt

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