secwatch.observer — SEC 8-K summary
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Issuer:     AiAdvertising, Inc. (—)
CIK:        0000743758
Form:       8-K
Filed at:   2023-06-12T23:59:59+00:00
Accession:  0001213900-23-048238
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AiAdvertising adopts shareholder rights plan (poison pill) with 10% trigger
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- Board declared dividend of one Right per common share; record date June 7, 2023.
- Each Right entitles holder to purchase 1/10,000th of a Series J Preferred Share.
- Rights become exercisable if a person acquires 10% or more of outstanding common stock.
- Rights also issued to holders of warrants and Series I Preferred Stock as of record date.
- Board formed a Special Committee of four directors to administer the Rights Agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/743758/000121390023048238/0001213900-23-048238-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/743758/000121390023048238/ea180229-8k_aiadvert.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-048238

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer