secwatch.observer — SEC 8-K summary
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Issuer:     Karbon-X Corp. (KARX)
CIK:        0001729637
Form:       8-K
Filed at:   2024-06-25T23:59:59+00:00
Accession:  0001477932-24-003869
Event type: other
Sentiment:  neutral
Materiality: 0.20
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Karbon-X adopts 2024 stock option plan authorizing up to 5M shares
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- Board approved new plan effective June 25, 2024; up to 5,000,000 shares of common stock reserved for issuance.
- Plan allows incentive (ISO) and nonstatutory (NSO) options to employees, directors, officers, and consultants.
- Exercise price cannot be less than 100% of fair market value on grant date; max term 10 years.
- No material financial impact reported; plan is standard equity compensation arrangement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1729637/000147793224003869/0001477932-24-003869-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1729637/000147793224003869/karx_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-24-003869

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