---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-23-006429"
form_type: "8-K"
ticker: "DLTI"
cik: "0001420368"
company_name: "DLT Resolution Inc."
filed_at: "2023-08-23T23:59:59+00:00"
generated_at: "2026-06-11T04:43:35.175873+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# DLT Resolution sells two units for $1 each, raises $307K in private placements, appoints new CEO Drew Reid

## Summary
- Sold Union Strategies Inc. and DLT Data Services Ltd. for $1 each; full releases obtained on all claims.
- Raised $246,950 via 4.1M shares at $0.06 in Q1 2023; another $60,000 via 240K shares at $0.25 in July.
- Converted CAD $100K ($73K) debt into 292K shares at $0.25 per share in August 2023.
- Drew Reid appointed director, President, CEO, Secretary, Treasurer, CFO on Aug 16, 2023, replacing John Wilkes.
- Reid (55) with 34-year finance background; projected compensation $60K for 50% time.

## SEC filing metadata
- accession: 0001477932-23-006429
- form_type: 8-K
- ticker: DLTI
- cik: 0001420368
- company_name: DLT Resolution Inc.
- filed_at: 2023-08-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.01, 3.02, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1420368/000147793223006429/0001477932-23-006429-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1420368/000147793223006429/dlti_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-23-006429
- JSON: https://secwatch.observer/filing/0001477932-23-006429.json
- Plain text: https://secwatch.observer/filing/0001477932-23-006429.txt

## Key facts
- Executive change
  John Wilkes resigned as Officer and Director at DLT Resolution Inc..
  - Action: resigned
  - Role: Officer and Director
  source text: John Wilkes resigned as officers and directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1420368/000147793223006429/0001477932-23-006429-index.htm
- Executive change
  Drew Reid was appointed as director at DLT Resolution Inc..
  - Action: appointed
  - Role: director
  source text: On August 16, 2023 Drew Reid was appointed director of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1420368/000147793223006429/0001477932-23-006429-index.htm
- Executive change
  Drew Reid was appointed as President, Chief Executive Officer, Secretary, Treasurer and Chief Financial Officer at DLT Resolution Inc..
  - Action: appointed
  - Role: President, Chief Executive Officer, Secretary, Treasurer and Chief Financial Officer
  source text: Mr. Reid was then appointed as the Company's President and Chief Executive Officer and appointed as the Company's Secretary, Treasurer and Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1420368/000147793223006429/0001477932-23-006429-index.htm
- M&A Transactions
  DLT Resolution Inc. completed a disposition involving Union Strategies Inc. for $1.00 (closed 2023-03-31).
  - Action: disposition
  - Counterparty: Union Strategies Inc.
  - Consideration: $1.00
  - Closing: 2023-03-31
  source text: On March 31, 2023 DLT Resolution Inc. (“The Company”) sold its 100% equity in Union Strategies Inc. for $1.00.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1420368/000147793223006429/0001477932-23-006429-index.htm
- M&A Transactions
  DLT Resolution Inc. completed a disposition involving DLT Data Services Ltd. for $1 (closed 2023-03-31).
  - Action: disposition
  - Counterparty: DLT Data Services Ltd.
  - Consideration: $1
  - Closing: 2023-03-31
  source text: On March 31, 2023 DLT Resolution Inc. (“The Company”) sold its 100% equity in DLT Data Services Ltd. for $1.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1420368/000147793223006429/0001477932-23-006429-index.htm

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