secwatch.observer — SEC 8-K summary
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Issuer:     Bimergen Energy Corp (BESS)
CIK:        0001066764
Form:       8-K
Filed at:   2024-10-17T23:59:59+00:00
Accession:  0001493152-24-041451
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.02, 8.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bitech expands board and enters IR consulting agreement with MZHCI
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- Board increased from 4 to 6; Van H. Potter and James L. Stock appointed as independent directors effective Oct 15, 2024.
- Potter (66) has 35+ years tech exec experience; Stock (55) is a CPA with CFO roles at public/private companies.
- Entered IR agreement with MZHCI, LLC: monthly fee $7,000 pre-uplist, $10,000 post-uplist, initial 6-month term.
- Granted option to purchase 3,000,000 shares at $0.08; vesting in tranches through 2026; shares not salable before Aug 1, 2025.
- Options expire 5 years from grant date, or 2 years after termination of agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1066764/000149315224041451/0001493152-24-041451-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1066764/000149315224041451/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-041451

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