secwatch / observer
8-K filed May 11, 2023, 7:59 PM ET ticker VPLM CIK 0001410738
other material confidence high sentiment negative materiality 0.90

VoIP-Pal massively dilutes: warrant exercise prices cut to $0.001-$0.005, authorized shares to 5B

Voip-pal.com Inc

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Voip-pal.com Inc: Increased authorized common stock from 3,500,000,000 to 5,000,000,000 shares (effective 2023-05-05).

Change
charter amendment
Effective
2023-05-05
Exact text from the filing
On March 6, 2023, the holders of a majority of the issued and outstanding stock of the Company approved an increase in the Company’s authorized capital from 3,500,000,000 shares of common stock, par value $0.001 per share, to 5,000,000,000 shares of common stock, par value $0.001 per share (the “Authorized Capital Increase”). On May 5, 2023, the Company formally completed the Authorized Capital Increase by filing a Certificate of Amendment with the Nevada Secretary of State, a copy of which is attached hereto as Exhibit 3.6.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Voip-pal.com Inc amended STA with Digifonica Intellectual Properties (DIP) Limited and Digifonica (International) Limited valued at 40% interest (effective 2023-04-23).

Action
amendment
Agreement
equity purchase
Counterparty
Digifonica Intellectual Properties (DIP) Limited and Digifonica (International) Limited
Value
40% interest
Effective
2023-04-23
Exact text from the filing
On April 23, 2023, VoIP-Pal.com Inc. (the “Company”), Digifonica Intellectual Properties (DIP) Limited (the “Seller”) and Digifonica (International) Limited entered into an amendment (the “Amendment”) to the share transfer agreement between the parties originally dated June 25, 2013, and subsequently amended on July 18, 2013, October 6, 2013, October 31, 2013, November 25, 2013, March 17, 2014 and April 21, 2021 (collectively, the “STA”).
View on SEC.gov

244 governance changes filed in the last 30 days. Browse all governance changes →

Voip-pal.com Inc filing history →

Source: SEC EDGAR
accession 0001493152-23-016396
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