secwatch.observer — SEC 8-K summary
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Issuer:     Everything Blockchain, Inc. (EBZT)
CIK:        0001730869
Form:       8-K
Filed at:   2021-07-01T23:59:59+00:00
Accession:  0001477932-21-004402
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Everything Blockchain acquires 832 Energy Technology Consultants for $1.575M in stock
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- Acquired 100% of 832 Energy Technology Consultants, LLC for 300,000 shares of common stock valued at $1,575,000 based on $5.25/share avg. closing price.
- Founder Cedric Harris appointed as Chief Research Officer under a consulting agreement effective June 21, 2021.
- Harris receives $10,000 annual base salary plus performance bonuses: up to 700,000 shares for patent awards (25,000 shares per patent) and 5% of gross sales from introduced clients.
- Consulting agreement has an initial two-year term, terminate by either party with 15-day notice after the initial period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1730869/000147793221004402/0001477932-21-004402-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1730869/000147793221004402/obitx_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-21-004402

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