secwatch.observer — SEC 8-K summary
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Issuer:     MDWerks, Inc. (MDWK)
CIK:        0001295514
Form:       8-K
Filed at:   2023-01-25T23:59:59+00:00
Accession:  0001493152-23-002445
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MDwerks to acquire RF Specialties LLC for 7.5M shares; lock-up and conditions apply
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- MDwerks issues 7,500,000 common shares to Keith A. Mort, sole member of RF Specialties LLC, in exchange for 100% equity.
- Exchange Shares subject to 24-month lock-up; one-third released at 12, 18, and 24 months after closing.
- Closing requires audited financials of RFS for two fiscal years and satisfactory due diligence by MDwerks.
- Exchange agreement may be terminated by MDwerks if conditions not met by May 31, 2023.
- RFS will become wholly owned subsidiary of MDwerks upon closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1295514/000149315223002445/0001493152-23-002445-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1295514/000149315223002445/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-002445

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