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
AiAdvertising, Inc.: Amended articles of incorporation by adopting Series J Certificate of Designation for preferred stock (effective 2023-06-08).
- Change
- charter amendment
- Effective
- 2023-06-08
Exact text from the filing
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. In connection with the adoption of the Rights Agreement, the Board has approved a Certificate of Designation, Preferences and Rights of Series J Junior Participating Preferred Stock, par value $0.001 per share, of the Company (the “Series J Certificate of Designation”).
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
AiAdvertising, Inc. entered into Rights Agreement with Worldwide Stock Transfer, LLC valued at Dividend distribution of one right to purchase one ten-thousandth of one share of Series J Junior Pa (effective 2023-06-06).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- Worldwide Stock Transfer, LLC
- Value
- Dividend distribution of one right to purchase one ten-thousandth of one share of Series J Junior Pa
- Effective
- 2023-06-06
Exact text from the filing
On June 6, 2023, AiAdvertising, Inc. (the “Company”) entered into the Rights Agreement (the “Rights Agreement”), by and between the Company and Worldwide Stock Transfer, LLC, as Rights Agent, substantially in the form previously attached as an exhibit to the Securities Purchase Agreement filed as Exhibit No. 10.1 to the Company’s Current Report on Form 8-K filed on April 11, 2023.
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