8-K
filed March 3, 2025, 6:59 PM ET
ticker BRQL
CIK 0001854526
other material
confidence high
sentiment neutral
materiality 0.85
DYNAMIC AEROSPACE SYSTEMS Corp (BRQL): debt financing — BrooQLy sells 70.3% stake to Aerospace Capital Partners; new Alpine 4 team takes over
DYNAMIC AEROSPACE SYSTEMS Corp
- ACP acquires 18M shares (70.3%) for $360,000; $358,200 used to pay company liabilities.
- Convertible note to ACP for $358,200, convertible at $0.015 per share upon preferred stock authorization.
- All former directors/officers resign; new CEO/Chairman Kent Wilson, COO Jeff Hail, VPs Kantrowitz and Rigney appointed.
- Company pivots to aerospace-focused strategy; plans multiple acquisitions in near future.
Key facts
Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
DYNAMIC AEROSPACE SYSTEMS Corp incurred convertible notes of $358,200 with Aerospace Capital Partners, LLC.
- Instrument
- convertible notes
- Principal
- $358,200
- Counterparty
- Aerospace Capital Partners, LLC
- Event
- incurrence
Exact text from the filing
the Company issued to ACP a Convertible Promissory Note (the “Note”) in the original principal amount of Three Hundred Fifty-eight Thousand Two Hundred Dollars ($358,200).
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Kent Wilson was appointed as Chief Executive Officer, Chairman of the Board at DYNAMIC AEROSPACE SYSTEMS Corp.
- Action
- appointed
- Role
- Chief Executive Officer, Chairman of the Board
Exact text from the filing
the following individuals were appointed to the following offices of the Company: Name Position Kent Wilson Chief Executive Officer
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Helen V. Maridakis resigned as Chief Financial Officer, Director at DYNAMIC AEROSPACE SYSTEMS Corp.
- Action
- resigned
- Role
- Chief Financial Officer, Director
Exact text from the filing
Helen V. Maridakis Chief Financial Officer, Director
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Panagiotis Lazaretos resigned as Chief Executive Officer, Director at DYNAMIC AEROSPACE SYSTEMS Corp.
- Action
- resigned
- Role
- Chief Executive Officer, Director
Exact text from the filing
the following individuals agreed to and did resign from the following positions effective February 25, 2025: Name Positions Panagiotis Lazaretos Chief Executive Officer, Director
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Shannon Rigney was appointed as Vice President, Director at DYNAMIC AEROSPACE SYSTEMS Corp.
- Action
- appointed
- Role
- Vice President, Director
Exact text from the filing
Shannon Rigney Vice President
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Ian Kantrowitz was appointed as Vice President, Director at DYNAMIC AEROSPACE SYSTEMS Corp.
- Action
- appointed
- Role
- Vice President, Director
Exact text from the filing
Ian Kantrowitz Vice President
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Nikolaos Ioannou resigned as Chief Operating Officer, Director at DYNAMIC AEROSPACE SYSTEMS Corp.
- Action
- resigned
- Role
- Chief Operating Officer, Director
Exact text from the filing
Nikolaos Ioannou Chief Operating Officer, Director
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jeff Hail was appointed as Chief Operating Officer, Director at DYNAMIC AEROSPACE SYSTEMS Corp.
- Action
- appointed
- Role
- Chief Operating Officer, Director
Exact text from the filing
Jeff Hail Chief Operating Officer
View on SEC.gov
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