secwatch.observer — SEC 8-K summary
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Issuer:     Vemanti Group, Inc. (VMNT)
CIK:        0001605057
Form:       8-K
Filed at:   2022-06-17T23:59:59+00:00
Accession:  0001477932-22-004479
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vemanti sells Fvndit shares and receivables, acquires Fvndit's Vietnam marketplace assets
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- Vemanti sold 8,000,000 shares of Fvndit common stock and $25,142 in accounts receivable to Fvndit.
- In exchange, Vemanti acquired all rights to Fvndit's peer-to-peer investment marketplace business in Vietnam, including name, domain, customer list, and proprietary info.
- Vemanti assumes no liabilities of Fvndit; all pre-closing liabilities remain with Fvndit.
- The transaction closed on June 16, 2022; Vemanti now owns no equity in Fvndit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1605057/000147793222004479/0001477932-22-004479-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1605057/000147793222004479/vemanti_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-22-004479

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