secwatch.observer — SEC 8-K summary
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Issuer:     NAPC Defense, Inc. (BLIS)
CIK:        0001703625
Form:       8-K
Filed at:   2025-10-15T23:59:59+00:00
Accession:  0001199835-25-000344
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.03
LLM model:  deepseek-v4-flash:cloud@v2

NAPC Defense Board approves 4x increase in authorized shares and creates Voting Control Preferred with 70% voting power
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- Authorized shares increased from 500M to 2B to enable future acquisitions, financings, and strategic initiatives.
- Designated 70 shares of Voting Control Preferred, each holding 1% of aggregate voting power, totalling 70% voting control.
- Voting Control Preferred are non-transferable, non-convertible, no dividends or liquidation rights, and vote as a block directed by the Board.
- The Board adopted both resolutions on Oct 14, 2025, under Nevada law.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1703625/000119983525000344/0001199835-25-000344-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1703625/000119983525000344/napc_8k.htm
  HTML page:      https://secwatch.observer/filing/0001199835-25-000344

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