secwatch.observer — SEC 8-K summary
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Issuer:     Balance Labs, Inc. (BLNC)
CIK:        0001632121
Form:       8-K
Filed at:   2021-08-04T23:59:59+00:00
Accession:  0001493152-21-018619
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Balance Labs acquires 46.1% stake in W Technologies via share exchange with Krypto Ventures
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- On July 29, 2021, Balance Labs' subsidiary Krypto Ventures exchanged 100% of its stock for 233.5M shares of W Tech.
- Balance Labs now owns 46.1% of W Tech's outstanding common stock; no longer holds any Krypto Ventures shares.
- Previously owned 52.5M shares of Krypto Ventures, exchanged for 119.6M shares of W Tech.
- Balance Labs entered a 12-month lockup agreement restricting sale or transfer of W Tech shares.
- Financial statements for the acquisition will be filed within 71 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1632121/000149315221018619/0001493152-21-018619-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1632121/000149315221018619/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-018619

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