secwatch.observer — SEC 8-K summary
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Issuer:     OneMeta Inc. (ONEI)
CIK:        0001388295
Form:       8-K
Filed at:   2024-12-13T23:59:59+00:00
Accession:  0001493152-24-049948
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 4.02
LLM model:  deepseek-v4-flash:cloud@v2

OneMeta restates 10-Q for June and Sept 2024 due to ~$576k error in G&A and APIC
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- Non-reliance on unaudited financials for periods ended June 30, 2024 and September 30, 2024.
- Overstatement in G&A expenses and additional paid-in capital of ~$576,160 each period due to incorrect stock price.
- Error did not impact revenue or net equity; no change to business plan or operations.
- Audit Committee determined to amend and restate the 10-Qs; discussed with independent accountant M&K CPAs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1388295/000149315224049948/0001493152-24-049948-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1388295/000149315224049948/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-049948

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