---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-022684"
form_type: "8-K"
ticker: "IONI"
cik: "0001580490"
company_name: "I-ON Digital Corp."
filed_at: "2023-06-28T23:59:59+00:00"
generated_at: "2026-06-13T15:31:41.293586+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "medium"
source: SEC EDGAR
---

# I-ON Digital agrees to acquire Orebits Acquisition Group parent of Orebits Corp for gold-backed digital assets

## Summary
- Agreement in principle to acquire all membership interests of Orebits Acquisition Group (OAG), majority shareholder of Orebits Corp.
- Approximately 10,000 Orebits.AU gold-backed digital assets to be transferred and converted into ION.au digital securities on I-ON's hybrid blockchain.
- Transaction expected to close in Q3 2023, subject to due diligence and definitive documentation.
- CEO Carlos X. Montoya says the deal will expand financial options and strengthen capital position.

## SEC filing metadata
- accession: 0001493152-23-022684
- form_type: 8-K
- ticker: IONI
- cik: 0001580490
- company_name: I-ON Digital Corp.
- filed_at: 2023-06-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: medium
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580490/000149315223022684/0001493152-23-022684-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580490/000149315223022684/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-022684
- JSON: https://secwatch.observer/filing/0001493152-23-022684.json
- Plain text: https://secwatch.observer/filing/0001493152-23-022684.txt

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