secwatch.observer — SEC 8-K summary
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Issuer:     RENEWABLE INNOVATIONS, INC. (—)
CIK:        0001725516
Form:       8-K
Filed at:   2022-12-01T23:59:59+00:00
Accession:  0001493152-22-034109
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 2.01, 3.02, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nestbuilder.com Corp. completes reverse merger with Renewable Innovations; 93% ownership to new shareholders
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- Acquired Renewable Innovations via merger on Dec 1, 2022; company renamed Renewable Innovations, Inc.
- Issued 2,155,684 Series A Convertible Preferred shares (convertible 100:1 common) representing 93% fully-diluted ownership.
- Robert L. Mount appointed CEO, President and director; Lynn Barney appointed CFO, Secretary and director.
- Thomas Grbelja and William McLeod resigned as directors; Alex Aliksanyan resigned as CEO and director.
- Old Nestbuilder shareholders diluted to ~7%; new management team from Renewable Innovations now controls board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1725516/000149315222034109/0001493152-22-034109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1725516/000149315222034109/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-034109

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer