---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-25-000341"
form_type: "8-K"
ticker: null
cik: "0001689084"
company_name: "Qrons Inc."
filed_at: "2025-01-21T23:59:59+00:00"
generated_at: "2026-05-27T22:14:01.381717+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Qrons enters merger to acquire First Person Ltd.; issues 8,000 Series B Preferred shares

## Summary
- Series B Preferred carries 99,943,448 votes per share; converts to common on authorization of 500M common shares.
- Anti-dilution agreement protects existing shareholders' ownership for 12 months post-2024 annual report.
- Control SPA transfers Series A Preferred from current directors to First Person affiliate; closing expected Jan 20, 2025.
- First Person is a cognitive-performance consumer products company; Merger Sub will merge into First Person.
- Series A Preferred reduced from 10,000 to 2,000 shares; Series B established at 8,000 shares.

## SEC filing metadata
- accession: 0001477932-25-000341
- form_type: 8-K
- cik: 0001689084
- company_name: Qrons Inc.
- filed_at: 2025-01-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1689084/000147793225000341/0001477932-25-000341-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1689084/000147793225000341/qron_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-25-000341
- JSON: https://secwatch.observer/filing/0001477932-25-000341.json
- Plain text: https://secwatch.observer/filing/0001477932-25-000341.txt

## Key facts
- Governance Changes
  Qrons Inc.: Amended Articles of Incorporation to reduce Series A Preferred Stock designation from 10,000 to 2,000 shares and establish Series B Convertible Preferred Stock with 8,000 shares (effective 2025-01-02).
  - Change: charter amendment
  - Effective: 2025-01-02
  source text: On January 2, 2025, the Company filed with the State of Wyoming an Articles of Amendment to its Articles of Incorporation (the “Articles of Amendment”), which (a) restated the Certificate of Designation of the Company’s Series A Preferred Stock, as summarized below, and (b) established a Series B Convertible Preferred Stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1689084/000147793225000341/0001477932-25-000341-index.htm

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