secwatch.observer — SEC 8-K summary
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Issuer:     Cyber App Solutions Corp. (—)
CIK:        0001851048
Form:       8-K
Filed at:   2023-07-17T23:59:59+00:00
Accession:  0001477932-23-005358
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.95
Item codes: 1.01, 2.01, 3.02, 5.01, 5.02, 5.03, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cyber App Solutions completes reverse acquisition of Proton Green; change of control and CEO
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- Issued ~68M shares (94.4% of post-transaction shares) to acquire Proton Green, a helium/CO2/carbon storage developer.
- Proton Green holds 152,000 acres in Arizona; verified 9 Tcf CO2 and 30 Bcf helium reserves.
- Steven Looper appointed CEO, President, and Director, replacing Evgenii Pak who resigned.
- Authorized shares increased from 75M to 250M; company address moved from South Korea to Houston, TX.
- First helium processing facility started July 2023; 500 ton/day beverage-grade CO2 facility expected Q1 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1851048/000147793223005358/0001477932-23-005358-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1851048/000147793223005358/cyber_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-23-005358

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