secwatch.observer — SEC 8-K summary
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Issuer:     POWERDYNE INTERNATIONAL, INC. (PWDY)
CIK:        0001435617
Form:       8-K
Filed at:   2022-04-06T23:59:59+00:00
Accession:  0001493152-22-009257
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Powerdyne Intl acquires Creative Motion Technology for $1.5M in Series A Preferred Stock
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- Acquired 100% of Creative Motion Technology, LLC from its owner James F. O'Rourke, who is also Powerdyne's CEO and sole director.
- Purchase price: 2,000,000 shares of Series A Preferred Stock valued at $1,500,000.
- CM Tech designs custom industrial servomotors for semiconductor robotics; also includes Frame One picture framing shop.
- Transaction exempt from registration under Section 4(2) and Rule 506; no public offering involved.
- Powerdyne will file required financial statements for the acquired business within 71 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1435617/000149315222009257/0001493152-22-009257-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1435617/000149315222009257/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-009257

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer