---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-22-000596"
form_type: "8-K"
ticker: "KCRD"
cik: "0001696025"
company_name: "Kindcard, Inc."
filed_at: "2022-02-04T23:59:59+00:00"
generated_at: "2026-06-27T11:07:30.990216+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Kindcard acquires touchless payment business from Wholesale Payments LLC for $5M in stock

## Summary
- Purchase price $5M paid via 5M shares of Kindcard common stock at $1.00/share.
- Acquires assets: accounts receivable, contracts, IP, permits, goodwill for touchless payment solutions.
- Seller is Wholesale Payments LLC; business provides touchless payment and merchant processing technology.
- Agreement dated Jan 1, 2022; Kindcard issues 5M shares as consideration.

## SEC filing metadata
- accession: 0001477932-22-000596
- form_type: 8-K
- ticker: KCRD
- cik: 0001696025
- company_name: Kindcard, Inc.
- filed_at: 2022-02-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1696025/000147793222000596/0001477932-22-000596-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1696025/000147793222000596/krcd_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-22-000596
- JSON: https://secwatch.observer/filing/0001477932-22-000596.json
- Plain text: https://secwatch.observer/filing/0001477932-22-000596.txt

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