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

Issuer:     MMEX Resources Corp (MMEX)
CIK:        0001440799
Form:       8-K
Filed at:   2022-06-10T23:59:59+00:00
Accession:  0001477932-22-004288
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

MMEX closes $105K convertible note; reduces Series B/C/D conversion/exercise prices to $0.05
--------------------------------------------------------------------------------

- Closed 10% convertible note with 1800 Diagonal Lending LLC for $105,000; net proceeds $101,250.
- Conversion price initially $0.11/share; after six months, 42% discount to lowest trading price in prior 10 days.
- Amended Series B Preferred, Series C & D warrants: conversion/exercise price reduced from $0.10 to $0.05 as waiver consideration.
- Securities issued under Section 4(a)(2) and Regulation D, not registered.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1440799/000147793222004288/0001477932-22-004288-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1440799/000147793222004288/mmex_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-22-004288

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