secwatch.observer — SEC 8-K summary
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Issuer:     MANGOCEUTICALS, INC. (MGRX)
CIK:        0001938046
Form:       8-K
Filed at:   2024-10-02T23:59:59+00:00
Accession:  0001493152-24-039223
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Mangoceuticals issues shares and warrants to consultants, draws $521K from ELOC
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- Issued 150k shares to Veritas Consulting for $43,155 value; $7.5k/month cash for 3-month consulting.
- Issued 195k shares to Levo Healthcare for $56,102 value; warrants for up to 300k shares upon customer milestones.
- Issued 650k shares to Luca Consulting for $175,500 value; $5k monthly cash for 6-month consulting.
- Drew $521k from ELOC via 2M shares at $0.26/share on Oct 1, 2024.
- Platinum Point converted 330 Series B Preferred shares into ~1.72M common shares in Sept/Oct.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1938046/000149315224039223/0001493152-24-039223-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1938046/000149315224039223/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-039223

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