secwatch.observer — SEC 8-K summary
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Issuer:     Digerati Technologies, Inc. (DTGI)
CIK:        0001014052
Form:       8-K
Filed at:   2023-09-12T23:59:59+00:00
Accession:  0001213900-23-075887
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Digerati Technologies doubles equity plan share limit to 15M, grants and reprices 8.75M options to executives
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- Share reserve under 2015 Equity Plan increased from 7.5M to 15.0M shares.
- On May 25, 2023, 8,745,000 options granted to CEO, Chairman, director, and CFO at $0.095 strike.
- All options fully vested upon grant and expire December 1, 2027.
- On August 15, 2023, the exercise price of all these options was repriced to $0.032 per share.
- New options replaced previously expired or near-expiry options for each executive.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1014052/000121390023075887/0001213900-23-075887-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1014052/000121390023075887/ea185069-8k_digerati.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-075887

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