secwatch.observer — SEC 8-K summary
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Issuer:     C-Bond Systems, Inc (—)
CIK:        0001421636
Form:       8-K
Filed at:   2025-02-04T23:59:59+00:00
Accession:  0001213900-25-009699
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 1.01, 2.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

C-Bond Systems transfers all assets to Badcer to settle debt; redeems shares for $1
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- Transfers all assets (80% Patriot Glass membership, 100% C-Bond LLC, receivables, IP) to Badcer Ops to settle $990K Badders Notes and Mercer Notes.
- Redeems 6,550 Badcer Preferred Shares, 28M Wanke common, 19.3M Badders common, 11.5M Badders Trust common for $1 each.
- Director Barry Edelstein resigned Dec 31, 2024; board reduces from three to two members.
- Scott Silverman and Allison Tomek resign as managers/officers of C-Bond LLC and Patriot Glass.
- C-Bond retains website, will continue marketing Patriot products under Representative Agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1421636/000121390025009699/0001213900-25-009699-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1421636/000121390025009699/ea0229586-8k_cbond.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-009699

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