secwatch.observer — SEC 8-K summary
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Issuer:     KiNRG, Inc. (—)
CIK:        0000095572
Form:       8-K
Filed at:   2026-04-02T23:59:59+00:00
Accession:  0001213900-26-039507
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KiNRG acquires Trinity Group Construction for $8.2M in cash, stock, and note
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- Purchase price $8.2M: $1M cash, 4.2M KiNRG shares, $3M promissory note at 6% due by Sept 30, 2026 or public offering.
- Trinity becomes wholly owned subsidiary; acquisition closed April 1, 2026.
- Seller Millard L. Wallen, III receives 4M shares; Reginald J. Arnold, II receives 200K shares in private placement.
- Promissory note bears 6% interest, prepayable without penalty, due on earlier of public offering or Sept 30, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/95572/000121390026039507/0001213900-26-039507-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/95572/000121390026039507/ea0284904-8k_kinrg.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-039507

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