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

Issuer:     Kindcard, Inc. (KCRD)
CIK:        0001696025
Form:       8-K
Filed at:   2022-02-04T23:59:59+00:00
Accession:  0001477932-22-000596
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1696025/000147793222000596/0001477932-22-000596-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1696025/000147793222000596/krcd_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-22-000596

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