secwatch.observer — SEC 8-K summary
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Issuer:     DYNAMIC AEROSPACE SYSTEMS Corp (BRQL)
CIK:        0001854526
Form:       8-K
Filed at:   2026-02-02T23:59:59+00:00
Accession:  0001477932-26-000580
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dynamic Aerospace creates Series A.1 and D.1 preferred stock; corrects corporate name
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- Designated 25M shares each of Series A.1 (stated value $0.015, 10:1 voting, convertible 1:3) and Series D.1 (par $0.0001, 1:1 voting, convertible 1:1 after 6-month lockout in six tranches).
- Series A.1 has liquidation preference equal to stated value plus unpaid dividends; Series D.1 has no liquidation preference.
- Both series redeemable by company at closing bid price prior to conversion; Series D.1 conversion subject to 6-month hold and monthly tranches.
- Company filed Certificate of Correction on Jan 5, 2026 to change name to Dynamic Aerospace Systems Corporation per Nevada law.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854526/000147793226000580/0001477932-26-000580-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854526/000147793226000580/brql_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-26-000580

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