other_material
confidence high
sentiment negative
materiality 0.75
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.
item 5.03