Digipath sells 1,000 Series C Preferred shares to President Todd Denkin at $0.10/share

Hypha Labs, Inc.

President Todd Denkin purchased 1,000 shares of Series C Preferred Stock for $100 total ($0.10 per share).
Each Series C share grants 200,000 votes to executive officers, but no conversion, dividends, or redemption rights.
Series C has liquidation preference over common stock at stated value of $0.10 per share.
Board approved Certificate of Designation filed July 20, 2022; company cites limited financial resources as rationale.
The sale may enable future strategic transactions on an expedited basis, according to the Board.

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