secwatch.observer — SEC 8-K summary
======================================

Issuer:     Investview, Inc. (INVU)
CIK:        0000862651
Form:       8-K
Filed at:   2024-02-12T23:59:59+00:00
Accession:  0001493152-24-005794
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Investview repurchases 20.2% of shares from ex-founders for $3.57M at 57.6% discount
--------------------------------------------------------------------------------

- Repurchased 472,374,710 shares (20.24% of outstanding) from co-founders Smith & Miller for aggregate $3,571,146.
- Purchase price of $0.007559985/share reflects 57.6% discount to 30-day average market price of $0.01782.
- Payment: one-eighth within 7 days, balance in 7 equal quarterly payments over two years.
- Outstanding shares reduced from 2,333,356,496 to 1,860,981,786; combined with prior repurchase totals 29.4% reduction.
- CEO states repurchase is accretive and reflects confidence in long-term intrinsic value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/862651/000149315224005794/0001493152-24-005794-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/862651/000149315224005794/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-005794

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