---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-025007"
form_type: "8-K"
ticker: "GEDC"
cik: "0001174891"
company_name: "CalEthos, Inc."
filed_at: "2021-10-08T23:59:59+00:00"
generated_at: "2026-06-28T21:45:13.176574+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CalEthos appoints directors Shum and Fontenot; Fontenot affiliate holds $3.85M convertible note

## Summary
- Steven M. Shum (CEO of INVO Bioscience) and Sean Fontenot appointed to board on Oct 7, 2021, filling vacancies.
- Company announces strategic pivot to bitcoin mining and high-performance computer manufacturing.
- Fontenot controls Nanosha Investments, which on Sep 15, 2021 purchased a $3.85M convertible note (10% OID) and warrants.
- Note convertible at $1.25/share, matures Aug 31, 2022; Series A warrant exercisable at $1.87/share through Aug 31, 2024.
- Registration rights require company to file a registration statement within 90 days after completing $10M+ financing.

## SEC filing metadata
- accession: 0001493152-21-025007
- form_type: 8-K
- ticker: GEDC
- cik: 0001174891
- company_name: CalEthos, Inc.
- filed_at: 2021-10-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1174891/000149315221025007/0001493152-21-025007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1174891/000149315221025007/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-025007
- JSON: https://secwatch.observer/filing/0001493152-21-025007.json
- Plain text: https://secwatch.observer/filing/0001493152-21-025007.txt

## Key facts
- Executive change
  Steven M. Shum was appointed as Director at CalEthos, Inc..
  - Action: appointed
  - Role: Director
  source text: the Board of Directors of the Company appointed Steven M. Shum and Sean Fontenot to the Board of Directors of the Company to fill existing vacancies on the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1174891/000149315221025007/0001493152-21-025007-index.htm
- Executive change
  Sean Fontenot was appointed as Director at CalEthos, Inc..
  - Action: appointed
  - Role: Director
  source text: the Board of Directors of the Company appointed Steven M. Shum and Sean Fontenot to the Board of Directors of the Company to fill existing vacancies on the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1174891/000149315221025007/0001493152-21-025007-index.htm

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