secwatch.observer — SEC 8-K summary
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Issuer:     MedWellAI, Inc. (MWAI)
CIK:        0001520118
Form:       8-K
Filed at:   2024-11-20T23:59:59+00:00
Accession:  0001477932-24-007508
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Integrated Ventures adopts 2024 Equity and Incentive Plan authorizing 1M shares
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- 1,000,000 shares of common stock reserved for stock options, SARs, restricted stock, RSUs, and performance awards.
- Plan includes an automatic annual share increase (evergreen) of the lesser of a fixed number or 5% of outstanding shares.
- Awards can be granted to employees, directors, and consultants; CEO serves as administrator.
- Plan is subject to stockholder approval within 12 months; board approved on November 19, 2024.
- No immediate dilution; shares will be issued only upon vesting and exercise of awards.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1520118/000147793224007508/0001477932-24-007508-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1520118/000147793224007508/intv_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-24-007508

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