---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-016396"
form_type: "8-K"
ticker: "VPLM"
cik: "0001410738"
company_name: "Voip-pal.com Inc"
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T03:54:35.638685+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Amendment to STA removes 40% warrant requirement, replaces with Series A preferred with 40% voting rights; 621M warrants repriced from $0.021 to $0.001/sh.
- Authorized common shares increased from 3.5B to 5B, par $0.001, effective May 5, 2023.
- Board reduced exercise price of 410M warrants and 152M options from $0.025 to $0.005; adopted exercise policy requiring committee approval.
- 2022 warrants vesting changed: 50% vested on issue date (May 30, 2022), remaining 50% vest May 30, 2023.

## SEC filing metadata
- accession: 0001493152-23-016396
- form_type: 8-K
- ticker: VPLM
- cik: 0001410738
- company_name: Voip-pal.com Inc
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1410738/000149315223016396/0001493152-23-016396-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1410738/000149315223016396/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-016396
- JSON: https://secwatch.observer/filing/0001493152-23-016396.json
- Plain text: https://secwatch.observer/filing/0001493152-23-016396.txt

## Key facts
- Governance Changes
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1410738/000149315223016396/0001493152-23-016396-index.htm
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1410738/000149315223016396/0001493152-23-016396-index.htm

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