---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-031217"
form_type: "8-K"
ticker: "MDWK"
cik: "0001295514"
company_name: "MDWerks, Inc."
filed_at: "2023-08-31T23:59:59+00:00"
generated_at: "2026-06-11T00:59:56.928191+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# MDwerks sells manufacturing assets for $195K; $100K cash + $95K note

## Summary
- Total purchase price $195,000; $100,000 cash at closing, $95,000 promissory note.
- Note bears 8% simple interest, 72-month term, payments start Nov 15, 2023.
- Buyer: Dream Workz Automotive LLC (Colorado); Seller: MDwerks, Inc. (Delaware).
- Assets are tangible manufacturing assets; Bill of Sale delivered at closing.

## SEC filing metadata
- accession: 0001493152-23-031217
- form_type: 8-K
- ticker: MDWK
- cik: 0001295514
- company_name: MDWerks, Inc.
- filed_at: 2023-08-31T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1295514/000149315223031217/0001493152-23-031217-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1295514/000149315223031217/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-031217
- JSON: https://secwatch.observer/filing/0001493152-23-031217.json
- Plain text: https://secwatch.observer/filing/0001493152-23-031217.txt

## Key facts
- M&A Transactions
  MDWerks, Inc. completed a disposition involving Dream Workz Automotive LLC for $195,000 (closed 2023-08-25).
  - Action: disposition
  - Counterparty: Dream Workz Automotive LLC
  - Consideration: $195,000
  - Closing: 2023-08-25
  source text: Company. In consideration for the purchase of the assets, and according to the terms of the Asset Purchase Agreement, the Company paid the sellers an aggregate purchase price of $195,000 (the “Purchase Price”), in a combination of cash in the amount of $100,000 (the “Cash Purchase Price”), and a promissory note in the amount of $95,000 (the “Note”). According to
  evidence_url: https://www.sec.gov/Archives/edgar/data/1295514/000149315223031217/0001493152-23-031217-index.htm

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