secwatch.observer — SEC 8-K summary
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Issuer:     DLT Resolution Inc. (DLTI)
CIK:        0001420368
Form:       8-K
Filed at:   2024-05-14T23:59:59+00:00
Accession:  0001477932-24-002819
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.01, 5.02, 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DLT unwinds Ciscom deal, buys 10.7% in new exchange; adds directors, changes auditor
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- Unwound prior share exchange that gave DLT ~42% of Ciscom; issued 2,500 DLT shares to each non-participating Concerned Shareholder.
- Entered new share exchange to acquire 5,755,536 Ciscom shares (10.7%) for 2,877,768 DLT shares (1:2 ratio) from certain shareholders including CEO Drew Reid.
- Appointed Lino Fera and Tony Liao to Board of Directors and Mark Irwin to Board of Advisers effective March 24, 2024.
- Dismissed BF Borgers CPA as auditor (effective May 3, 2024) due to SEC sanctions; engaged SRCO as replacement; no disagreements reported.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1420368/000147793224002819/0001477932-24-002819-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1420368/000147793224002819/dlti_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-24-002819

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