Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Bimergen Energy Corp terminated Patent & Technology Exclusive and Non-Exclusive License Agreement with SuperGreen Energy Corporation (effective 2023-02-20).
- Action
- termination
- Agreement
- license
- Counterparty
- SuperGreen Energy Corporation
- Effective
- 2023-02-20
Exact text from the filing
Pursuant to the C. Cao Settlement Agreement, the C. Cao Parties terminated the Patent & Technology Exclusive and Non-Exclusive License Agreement between Bitech Mining Corporation and SuperGreen dated January 15, 2021 as amended on January 15, 2021 and on March 26, 2022 (the “License Agreement”) and SuperGreen canceled 51,507,749 shares of the Company’s common stock, par value $0.001 per share issued by the Company to SuperGreen pursuant to the License Agreement.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Bimergen Energy Corp entered into Confidential Settlement, Mutual Release, and Share Transfer Agreement with Calvin Cao and SuperGreen Energy Corporation (effective 2023-02-20).
- Action
- entry
- Agreement
- settlement
- Counterparty
- Calvin Cao and SuperGreen Energy Corporation
- Effective
- 2023-02-20
Exact text from the filing
Effective February 20, 2023, Bitech Technologies Corporation together with its wholly owned subsidiary Bitech Mining Corporation (collectively, the “Company”) entered into a Confidential Settlement, Mutual Release, and Share Transfer Agreement (the “C. Cao Settlement Agreement”) with Calvin Cao (“C. Cao”) and SuperGreen Energy Corporation (“SuperGreen,” together with C. Cao, the “C. Cao Parties”).
View on SEC.gov