---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-21-009445"
form_type: "8-K"
ticker: "MMEX"
cik: "0001440799"
company_name: "MMEX Resources Corp"
filed_at: "2021-12-23T23:59:59+00:00"
generated_at: "2026-06-27T22:34:19.443076+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# MMEX Resources enters $1.5M securities purchase agreement for Series B preferred stock and warrants

## Summary
- Gross proceeds of $1.5 million from sale of 1,500 shares of Series B Convertible Preferred Stock at $1,000 stated value per share.
- Series B Preferred Stock convertible into 15,000,000 common shares at $0.10 per share, subject to full ratchet anti-dilution.
- Issued Series D warrants to purchase up to 15,000,000 common shares at $0.10, exercisable for five years.
- Reduced exercise price of existing Series A Warrants to $0.0001 and issued additional Series B/C warrants to the same investor.
- Net proceeds to be used for hydrogen and ultra-low sulfur fuel projects combined with CO2 capture, and working capital.

## SEC filing metadata
- accession: 0001477932-21-009445
- form_type: 8-K
- ticker: MMEX
- cik: 0001440799
- company_name: MMEX Resources Corp
- filed_at: 2021-12-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1440799/000147793221009445/0001477932-21-009445-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1440799/000147793221009445/mmex_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-21-009445
- JSON: https://secwatch.observer/filing/0001477932-21-009445.json
- Plain text: https://secwatch.observer/filing/0001477932-21-009445.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.