secwatch.observer — SEC 8-K summary
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Issuer:     Atlas Lithium Corp (ATLX)
CIK:        0001540684
Form:       8-K
Filed at:   2022-07-22T23:59:59+00:00
Accession:  0001493152-22-020142
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Brazil Minerals issues 54.8M shares to Warberg entities, raises $400K, issues new warrants
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- Warberg IX exercises 20M shares for $200K; Warberg X exercises two warrants totaling 34.8M shares for $200K.
- Total gross proceeds $400,075 from cash exercises; 54,795,652 new shares issued.
- Company issues new three-year warrants: Warberg IX 20M shares, Warberg X 34.8M shares, at $0.012 per share.
- Exchange eliminates lower-priced warrants and provides immediate cash infusion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1540684/000149315222020142/0001493152-22-020142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1540684/000149315222020142/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-020142

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