secwatch.observer — SEC 8-K summary
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Issuer:     FORMATION MINERALS, INC. (—)
CIK:        0001885336
Form:       8-K
Filed at:   2024-05-13T23:59:59+00:00
Accession:  0001213900-24-041960
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.01, 3.02, 1.01, 5.02, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SensaSure Technologies completes merger with Verde Bio; appoints Scott Cox CEO, changes name to Formation Minerals
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- Merger of SSTC subsidiary into Verde Bio completed May 9, 2024; Verde shareholders receive SSTC common and preferred at fixed exchange ratios.
- Scott A. Cox appointed sole director, President, CEO, CFO, Treasurer, Secretary; annual salary $250,000.
- Company name changed to Formation Minerals, Inc. after subsequent merger step.
- Authorized capital increased to 2B shares common, 150M shares blank-check preferred.
- Stockholders approved all proposals; votes were 34,762,341 for, 0 against each.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1885336/000121390024041960/0001213900-24-041960-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1885336/000121390024041960/ea0205831-8k_formation.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-041960

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