---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-025590"
form_type: "8-K"
ticker: "ILAL"
cik: "0001657214"
company_name: "International Land Alliance Inc."
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:22:26.666445+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# International Land Alliance sells 3,100 Series C preferred shares at $100 each; warrants repriced to $0.07

## Summary
- Issued 3,100 Series C Convertible Preferred Shares at $100/share for working capital.
- Series C pays 12% annual cash dividend plus 8% in common stock; mandatory redemption at 110% of stated value.
- Conversion price is lower of $0.07 or 80% of 10-day VWAP; existing warrants repriced to $0.07.
- Investor receives 1,240,000 new warrants exercisable at $0.07 per share as consideration.
- Certificate of Designations filed with Wyoming Secretary of State authorizing up to 10,000 Series C shares.

## SEC filing metadata
- accession: 0001493152-23-025590
- form_type: 8-K
- ticker: ILAL
- cik: 0001657214
- company_name: International Land Alliance Inc.
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657214/000149315223025590/0001493152-23-025590-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1657214/000149315223025590/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-025590
- JSON: https://secwatch.observer/filing/0001493152-23-025590.json
- Plain text: https://secwatch.observer/filing/0001493152-23-025590.txt

## Key facts
- Governance Changes
  International Land Alliance Inc.: Filed Certificate of Designations for Series C Convertible Preferred Stock, authorizing up to 10,000 shares with specific dividend and conversion rights, senior liquidation preference, and mandatory partial redemption at 110% of stated value (effective 2023-06-27).
  - Change: charter amendment
  - Effective: 2023-06-27
  source text: On June 27, 2023, the Company filed a Certificate of Designations, Preferences and Rights of the Series C Shares with the Wyoming Secretary of State (the “Certificate of Designations”), authorizing the issuance of up to 10,000 Series C Shares, par value $0.001 per share, each having a stated value equal to $100.00 (the “Stated Value”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657214/000149315223025590/0001493152-23-025590-index.htm
- Material Agreements
  International Land Alliance Inc. entered into Purchase Agreement with a certain investor valued at $310,000 (3,100 shares of Series C Convertible Preferred Stock at a price per share of $100) (effective 2023-06-02).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: a certain investor
  - Value: $310,000 (3,100 shares of Series C Convertible Preferred Stock at a price per share of $100)
  - Effective: 2023-06-02
  source text: On June 2, 2023, International Land Alliance, Inc., a Wyoming corporation (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with a certain investor (the “Purchaser”). Pursuant to the Purchase Agreement, the Purchaser agreed to purchase, and the Company agreed to sell and issue to the Purchaser, 3,100 shares of Series C Convertible Preferred Stock (the “Series C Shares”) at a price per share of $100.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657214/000149315223025590/0001493152-23-025590-index.htm

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