---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-038115"
form_type: "8-K"
ticker: null
cik: "0001589361"
company_name: "White River Energy Corp."
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T14:08:49.633332+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# White River Energy issues Series D shares, ups authorized shares, discloses insider ownership

## Summary
- Issued 95.67 Series D shares convertible into 478,337 common shares to Smithline Family Trust for waiver of rights under promissory notes and consulting agreement.
- Authorized Series D shares increased from 250 to 1,000 via Certificate of Amendment filed with Nevada Secretary of State.
- Directors and officers entitled to receive common shares from RSUs vesting within 60 days of Oct 23, 2023.
- CEO Randy May beneficially owns 2,087,063 shares (11.3%); all directors and officers as group own 4,781,251 shares (24.8%).
- Transaction exempt under Section 4(a)(2) and Rule 506(b) of Regulation D.

## SEC filing metadata
- accession: 0001493152-23-038115
- form_type: 8-K
- cik: 0001589361
- company_name: White River Energy Corp.
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1589361/000149315223038115/0001493152-23-038115-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1589361/000149315223038115/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-038115
- JSON: https://secwatch.observer/filing/0001493152-23-038115.json
- Plain text: https://secwatch.observer/filing/0001493152-23-038115.txt

## Key facts
- Governance Changes
  White River Energy Corp.: Amended Series D Convertible Preferred Stock certificate of designation to increase authorized shares from 250 to 1,000 (effective 2023-10-19).
  - Change: charter amendment
  - Effective: 2023-10-19
  source text: On October 19, 2023, following approval of the Board of Directors, the Company filed a Certificate of Amendment to the Certificate of Designation of Preferences, Rights, and Limitations of Series D Convertible Preferred Stock (the “Series D Certificate of Designation”) with the Nevada Secretary of State to increase the number of authorized shares of Series D from 250 shares to 1,000 shares.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1589361/000149315223038115/0001493152-23-038115-index.htm

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