Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Michael Noble resigned as Chief Executive Officer at NFiniTi inc..
- Action
- resigned
- Role
- Chief Executive Officer
Exact text from the filing
Michael Noble resigned his positions as President, Chief Executive Officer, Chief Financial Officer, Secretary and Treasurer of the Company, but remains as a director.
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Executive change
SEC 8-K Item 5.02
confidence 0.95
Brian Johnston was appointed as Chief Executive Officer at NFiniTi inc..
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
Brian Johnston was appointed President, Chief Executive Officer, President, Secretary and Treasurer and director of the Company
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Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
NFiniTi inc.: Company ceased to be a shell company following acquisition of Artisan Beverages (effective 2025-02-10).
- Change
- shell status
- Effective
- 2025-02-10
Exact text from the filing
As a result of the consummation of the transactions contemplated by the Share Exchange Agreement, Artisan Beverages became our wholly-owned operating subsidiary and we are no longer a shell company as that term is defined in Rule 12b-2 of the Securities Exchange Act of 1934, as amended.
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M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
NFiniTi inc. completed an acquisition involving Artisan Beverages, Inc. for 15,788,578,500 shares of common stock (closed 2025-02-13).
- Action
- acquisition
- Counterparty
- Artisan Beverages, Inc.
- Consideration
- 15,788,578,500 shares of common stock
- Closing
- 2025-02-13
Exact text from the filing
to the Share Exchange Agreement were consummated on February 13, 2025. Under the terms and conditions of the Share Exchange Agreement, the Company offered, sold and issued 15,788,578,500 shares of common stock in consideration for all the issued and outstanding shares in Artisan Beverages. Summit Consumer Products, Artisan Beverages’s sole stockholder, is the
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