secwatch.observer — SEC 8-K summary
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Issuer:     KiNRG, Inc. (—)
CIK:        0000095572
Form:       8-K/A
Filed at:   2026-06-11T22:14:11+00:00
Accession:  0001213900-26-067933
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KiNRG files pro forma financials for Trinity acquisition; combined revenue $257M, net income $1.07M
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- Acquisition of Trinity closed April 1, 2026 for $12.4M: $1M cash, 4.2M shares at $2.00, $3M promissory note at 6%.
- Pro forma combined FY2025 revenue $257.3M (KiNRG standalone $0); combined net income $1.07M.
- Goodwill of $8.36M recorded as excess of $12.4M purchase price over $4.04M net identifiable assets.
- KiNRG issued 4.2M shares and $3M note due by Sep 30, 2026 or upon a public offering.
- Pro forma basic EPS $0.018 on 59.03M shares; Trinity contributed $3.78M net income vs KiNRG $2.7M loss.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/95572/000121390026067933/0001213900-26-067933-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/95572/000121390026067933/ea0294554-8ka3_kinrg.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-067933

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