---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-007548"
form_type: "8-K"
ticker: "YTFD"
cik: "0001311673"
company_name: "Yale Transaction Finders, Inc."
filed_at: "2022-03-23T23:59:59+00:00"
generated_at: "2026-06-26T19:25:47.021549+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Yacht Finders changes control: 98.5% of shares acquired; CEO/director resigns, new management appointed

## Summary
- Investor group buys 5,120,000 shares (98.5% of outstanding) from Fountainhead Capital for $352,641 cash.
- Sole director/CEO Thomas W. Colligan resigns; Jonathan J. Ledecky becomes CEO/CFO and sole director after 10-day waiting period.
- Arnold P. Kling appointed President, Treasurer, Secretary; Ledecky and Kling get indemnification agreements.
- Fountainhead contributes $832,305 promissory note plus $348,158 accrued interest to capital for no consideration.
- Company remains a shell and will continue seeking an acquisition target.

## SEC filing metadata
- accession: 0001493152-22-007548
- form_type: 8-K
- ticker: YTFD
- cik: 0001311673
- company_name: Yale Transaction Finders, Inc.
- filed_at: 2022-03-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 5.02, 5.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1311673/000149315222007548/0001493152-22-007548-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1311673/000149315222007548/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-007548
- JSON: https://secwatch.observer/filing/0001493152-22-007548.json
- Plain text: https://secwatch.observer/filing/0001493152-22-007548.txt

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