secwatch.observer — SEC 8-K summary
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Issuer:     MDWerks, Inc. (MDWK)
CIK:        0001295514
Form:       8-K
Filed at:   2024-05-24T23:59:59+00:00
Accession:  0001493152-24-021396
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MDwerks acquires RF Specialties LLC for 7.5M shares; lock-up provisions apply
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- Completed acquisition of RF Specialties LLC on Dec 27, 2023, issuing 7,500,000 shares to Keith A. Mort.
- Shares subject to 24-month lock-up: one-third released at 12, 18, and 24 months.
- RF Specialties audited 2022 revenue $552,792; net income $149,901. Audit includes going concern qualification.
- Total shares outstanding after issuance: 198,391,536.
- Acquisition expands MDwerks into sustainable RF applications across structural engineering, food & beverage, manufacturing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1295514/000149315224021396/0001493152-24-021396-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1295514/000149315224021396/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-021396

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