ADAMANT DRI PROCESSING & MINERALS GROUP (ADMG): M&A transaction — Nicholas Parks acquires 73% of Adamant DRI shares, becomes President and sole officer

ADAMANT DRI PROCESSING & MINERALS GROUP

Nicholas A. Parks acquired 11,866,563 shares (73% of outstanding) from Global Strategies, Inc. on June 27, 2023.
Dr. Larry Eastland resigned as President, Secretary, and Treasurer effective June 27, 2023.
Parks appointed as President, Treasurer, Secretary, and Director; no employment agreement yet.
Parks also serves as Managing Member of Parks Amusements and CEO of The Pinball Company.

item 5.01 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Dr. Larry Eastland

President, Secretary and Treasurer

ADMG · ADAMANT DRI PROCESSING & MINERALS GROUP

Effective: 2023-06-27
Successor: Nicholas A. Parks
Filed: June 27, 2023, 7:59 PM ET

On June 27, 2023, Dr. Larry Eastland submitted his resignation as President, Secretary and Treasurer of the Company.

Appointed

Nicholas A. Parks

President, Treasurer, Secretary and Director

ADMG · ADAMANT DRI PROCESSING & MINERALS GROUP

Effective: 2023-06-27
Filed: June 27, 2023, 7:59 PM ET

Effective June 27, 2023, the Board of Directors of the Company appointed Mr. Nicholas A. Parks, controlling shareholder, as the Company’s President, Treasurer, and Secretary and to the Board of Directors.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Dr. Larry Eastland resigned as President, Secretary and Treasurer at ADAMANT DRI PROCESSING & MINERALS GROUP.

Action: resigned
Role: President, Secretary and Treasurer

Exact text from the filing

On June 27, 2023, Dr. Larry Eastland submitted his resignation as President, Secretary and Treasurer of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Nicholas A. Parks was appointed as President, Treasurer, Secretary and Director at ADAMANT DRI PROCESSING & MINERALS GROUP.

Action: appointed
Role: President, Treasurer, Secretary and Director

Exact text from the filing

Effective June 27, 2023, the Board of Directors of the Company appointed Mr. Nicholas A. Parks, controlling shareholder, as the Company’s President, Treasurer, and Secretary and to the Board of Directors.

View on SEC.gov

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

ADAMANT DRI PROCESSING & MINERALS GROUP underwent a change of control involving Global Strategies, Inc. (closed 2023-06-27).

Action: change of control
Counterparty: Global Strategies, Inc.
Closing: 2023-06-27

Exact text from the filing

On June 27, 2023, Nicholas A. Parks completed the acquisition of 11,866,563 shares of the common stock of Adamant DRI Processing and Minerals Group (the “Company”) from Global Strategies, Inc. The 11,866,563 shares represent approximately 73% of the outstanding shares of the Company as of the date hereof.

View on SEC.gov

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ADAMANT DRI PROCESSING & MINERALS GROUP filing history →

Source: SEC EDGAR

accession 0001493152-23-022653

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