other material
confidence high
sentiment negative
materiality 0.55
Ozop Energy enters $200M share purchase agreement with GHS Investments
OZOP ENERGY SOLUTIONS, INC.
- Company may require GHS to purchase up to 200M shares over six months ending Oct 4, 2022.
- Purchase price set at 85% of lowest daily VWAP during a 10-day valuation period.
- Volume limits depend on stock price: 100% of avg daily volume if VWAP < $0.03, 200% if above $0.035.
- Beneficial ownership capped at 4.99%; minimum purchase $10k per notice.
- Company cannot issue other securities during 10 trading days around each purchase notice.