secwatch.observer — SEC 8-K summary
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Issuer:     White River Energy Corp. (—)
CIK:        0001589361
Form:       8-K
Filed at:   2023-10-24T23:59:59+00:00
Accession:  0001493152-23-038115
Event type: other_material
Sentiment:  negative
Materiality: 0.50
Item codes: 1.01, 3.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1589361/000149315223038115/0001493152-23-038115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1589361/000149315223038115/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-038115

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