Seafarer Exploration increases authorized common shares from 9.9B to 17B

SEAFARER EXPLORATION CORP

Board voted June 16, 2025 to increase authorized shares from 9.9B to 17B common shares.
Effective with the State of Florida on June 16, 2025; amendment filed under Florida law.
Increase of ~72% suggests potential for future equity dilution or capital raising.

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

SEAFARER EXPLORATION CORP: Increased authorized common shares from 9,900,000,000 to 17,000,000,000 (effective 2025-06-16).

Change: charter amendment
Effective: 2025-06-16

Exact text from the filing

the Board of Directors, acting as shareholders of the Preferred Shares and pursuant to their own resolution, voted to increase the authorized shares of the Corporation from 9,900,000,000 common shares to 17,000,000,000 common shares.

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SEAFARER EXPLORATION CORP filing history →

Source: SEC EDGAR

accession 0001199835-25-000215

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