---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-020337"
form_type: "8-K"
ticker: "FUNI"
cik: "0001502966"
company_name: "Hypha Labs, Inc."
filed_at: "2022-07-26T23:59:59+00:00"
generated_at: "2026-06-24T08:42:52.412108+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-22-020337
- form_type: 8-K
- ticker: FUNI
- cik: 0001502966
- company_name: Hypha Labs, Inc.
- filed_at: 2022-07-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1502966/000149315222020337/0001493152-22-020337-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1502966/000149315222020337/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-020337
- JSON: https://secwatch.observer/filing/0001493152-22-020337.json
- Plain text: https://secwatch.observer/filing/0001493152-22-020337.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.