secwatch.observer — SEC 8-K summary
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Issuer:     SEAFARER EXPLORATION CORP (SFRX)
CIK:        0001106213
Form:       8-K
Filed at:   2025-06-20T23:59:59+00:00
Accession:  0001199835-25-000215
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 5.03
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1106213/000119983525000215/0001199835-25-000215-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1106213/000119983525000215/sfrx_8k.htm
  HTML page:      https://secwatch.observer/filing/0001199835-25-000215

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