secwatch.observer — SEC 8-K summary
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Issuer:     Vemanti Group, Inc. (VMNT)
CIK:        0001605057
Form:       8-K
Filed at:   2023-03-09T23:59:59+00:00
Accession:  0001477932-23-001381
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vemanti signs SaaS agreement with Finastra, contingent on Nasdaq listing by May 22, 2023
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- 7-year framework SaaS agreement for software, development, and services from Finastra.
- Annual fees escalate from $325k (year 1) to $550k (years 6-7), payable in advance.
- Agreement effective only if Vemanti lists on Nasdaq Capital Market by May 22, 2023; otherwise void.
- Termination rights for material breach, insolvency, or cessation of business.
- Governed by Singapore law; includes customary representations, indemnities, and confidentiality.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1605057/000147793223001381/0001477932-23-001381-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1605057/000147793223001381/vemanti_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-23-001381

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