secwatch.observer — SEC 8-K summary
======================================

Issuer:     MBG Holdings, Inc. (—)
CIK:        0001488638
Form:       8-K/A
Filed at:   2022-11-17T23:59:59+00:00
Accession:  0001214659-22-013898
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.01, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

American Metals amends asset purchase with MBGR; consideration reduced to $100 cash
--------------------------------------------------------------------------------

- Original consideration of $1M cash plus 1M Series A Preferred shares waived.
- Company will pay MBGR $100 for substantially all assets under amendment dated Nov 16, 2022.
- No shares of Series A Preferred Stock were issued in the transaction.
- Amendment resolves failure to pay and issue original consideration as per prior agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1488638/000121465922013898/0001214659-22-013898-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1488638/000121465922013898/o11162258ka2.htm
  HTML page:      https://secwatch.observer/filing/0001214659-22-013898

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