secwatch.observer — SEC 8-K summary
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Issuer:     MDWerks, Inc. (MDWK)
CIK:        0001295514
Form:       8-K
Filed at:   2023-12-28T23:59:59+00:00
Accession:  0001493152-23-046416
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.01, 3.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MDwerks completes acquisition of RF Specialties for 7.5M shares; COO resigns
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- Acquired RF Specialties LLC on Dec 27, 2023, issuing 7.5M shares of common stock to Keith Mort.
- RFS becomes wholly owned subsidiary; outstanding shares increase to 198,391,536.
- COO & director Michael Nordlicht resigned effective Dec 27; CEO Steven Laker will assume COO duties.
- RFS technology provides energy wave solutions for wood, adhesives, food & beverage; seen as multi-industry growth platform.
- Issued shares subject to 24-month lock-up; one-third released at 12-, 18-, and 24-month anniversaries.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1295514/000149315223046416/0001493152-23-046416-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1295514/000149315223046416/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-046416

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer