---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-22-006998"
form_type: "8-K"
ticker: "MWAI"
cik: "0001520118"
company_name: "MedWellAI, Inc."
filed_at: "2022-09-16T23:59:59+00:00"
generated_at: "2026-06-23T09:05:26.417302+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# INTV reduces warrant exercise price to $0.001 for 30M shares; imposes 90-day issuance ban.

## Summary
- Exercise price of two 15M-share warrants cut from $0.30 to $0.001, effective June 29 and August 30, 2022.
- Anti-dilution 'exploding feature' waived, preventing an increase in warrant shares despite price reduction.
- Company restricted from issuing any shares or equivalents for 90 days, with limited exempt issuances allowed.
- Warrants stem from March 2021 offering at $0.30 per unit; amendments executed September 13/15, 2022.

## SEC filing metadata
- accession: 0001477932-22-006998
- form_type: 8-K
- ticker: MWAI
- cik: 0001520118
- company_name: MedWellAI, Inc.
- filed_at: 2022-09-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1520118/000147793222006998/0001477932-22-006998-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1520118/000147793222006998/intv_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-22-006998
- JSON: https://secwatch.observer/filing/0001477932-22-006998.json
- Plain text: https://secwatch.observer/filing/0001477932-22-006998.txt

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