secwatch.observer — SEC 8-K summary
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Issuer:     Nordicus Partners Corp (NORD)
CIK:        0001011060
Form:       8-K
Filed at:   2021-10-18T23:59:59+00:00
Accession:  0001493152-21-025667
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 3.02, 5.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reddington Partners acquires 51.8% of EKIMAS; CEO Adams resigns, Yankowitz appointed
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- Reddington Partners acquired 51.8% ownership (25.57M shares) on Oct 12, 2021, becoming majority stockholder.
- Company will effect 1-for-50 reverse stock split; Reddington to purchase additional shares to reach 90% ownership.
- Total purchase price $400,000 with $200,000 paid at First Closing; remaining escrowed for special distribution to pre-closing stockholders.
- CEO Michael F. Adams resigned; Bennett J. Yankowitz appointed as CEO and sole director.
- Reddington's sole owner is Henrik Rouf; purchase funded by loan from private Danish company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1011060/000149315221025667/0001493152-21-025667-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1011060/000149315221025667/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-025667

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