---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-000553"
form_type: "8-K"
ticker: "FUNI"
cik: "0001502966"
company_name: "Hypha Labs, Inc."
filed_at: "2022-01-06T23:59:59+00:00"
generated_at: "2026-06-27T20:12:24.398803+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Digipath exchanges 278K Series A for Series B preferred, raises $55.6K

## Summary
- Exchanged 278,000 shares of Series A Preferred for 278,000 shares of Series B Preferred with an institutional investor.
- Investor purchased 55,600 additional Series B shares at $1.00 per share, gross proceeds $55,600.
- Series B Preferred has a stated value of $1.00 and is convertible into common stock at $0.04 per share.
- Series B Preferred ranks senior to common stock upon liquidation, entitled to $1.00 per share.
- Transactions were unregistered, relying on Section 3(a)(9) for exchange and Rule 506 for cash sale.

## SEC filing metadata
- accession: 0001493152-22-000553
- form_type: 8-K
- ticker: FUNI
- cik: 0001502966
- company_name: Hypha Labs, Inc.
- filed_at: 2022-01-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1502966/000149315222000553/0001493152-22-000553-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1502966/000149315222000553/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-000553
- JSON: https://secwatch.observer/filing/0001493152-22-000553.json
- Plain text: https://secwatch.observer/filing/0001493152-22-000553.txt

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