secwatch.observer — SEC 8-K summary
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Issuer:     WORLD HEALTH ENERGY HOLDINGS, INC. (WHEN)
CIK:        0000943535
Form:       8-K
Filed at:   2022-06-28T23:59:59+00:00
Accession:  0001493152-22-017971
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.01, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

WHEN acquires 26% of CrossMobile for 10B shares; option to increase to 51%
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- Acquired 26% equity interest in CrossMobile, a Polish MVNO, in exchange for 10,000,000,000 restricted shares of WHEN common stock.
- CEO Giora Rosenzweig and director George Baumeohl previously held preferred shares in CrossMobile (40.67% and 3.33% respectively).
- WHEN has an option through Dec 22, 2024 to purchase additional shares to hold ~51% of CrossMobile on fully diluted basis.
- Company director Gaya Rozensweig appointed to CrossMobile board upon closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/943535/000149315222017971/0001493152-22-017971-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/943535/000149315222017971/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-017971

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