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

Issuer:     VNUE, Inc. (RDCT)
CIK:        0001376804
Form:       8-K
Filed at:   2022-01-06T23:59:59+00:00
Accession:  0001477932-22-000117
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vnue enters $1.5M securities purchase agreement with GHS Investments for Series B Convertible Preferred
--------------------------------------------------------------------------------

- GHS to purchase up to 1,500 Series B Convertible Preferred shares in two $750K tranches; initial tranche closed January 3, 2022.
- Second tranche conditional on filing of resale registration statement for common shares underlying the preferred and warrants.
- Preferred stock carries 10% annual dividend, $1,200 stated value, and redemption premiums of 115-125% of stated value within 180 days.
- Company issued 35 commitment shares and a warrant to purchase common shares upon conversion of the second-tranche preferred.
- Proceeds support the pending acquisition of StageIt, Inc.; certificate of designation for Series B filed with Nevada Secretary of State.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376804/000147793222000117/0001477932-22-000117-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376804/000147793222000117/vnue_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-22-000117

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