secwatch.observer — SEC 8-K summary
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Issuer:     PUBLIC CO MANAGEMENT CORP (PCMC)
CIK:        0001141964
Form:       8-K
Filed at:   2024-08-19T23:59:59+00:00
Accession:  0001214659-24-014897
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Public Company Management Corp signs LOI to acquire Dacta SG; raises $100k via SAFE
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- Non-binding LOI with DACTA SG Pte. Ltd. for a business combination that would result in a change of control.
- Dacta provides cybersecurity, digital transformation, and AI solutions; deal subject to due diligence and definitive agreement.
- Issued SAFE to investor Chad Crowley for $100k, valuing 4% of company; converts upon future equity financing ≥$5M.
- Finder will receive a 5-year warrant for 10% of the equity issued to the investor.
- No definitive agreement yet; LOI is a preliminary outline of principal terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1141964/000121465924014897/0001214659-24-014897-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1141964/000121465924014897/b8152408k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-24-014897

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