secwatch.observer — SEC 8-K summary
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Issuer:     INVO Fertility, Inc. (IVF)
CIK:        0001417926
Form:       8-K
Filed at:   2025-10-03T23:59:59+00:00
Accession:  0001493152-25-016850
Event type: litigation
Sentiment:  negative
Materiality: 0.80
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

INVO Fertility settles litigation with Dr. Pritts for $6.01M; issues preferred shares
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- Settlement requires Wood Violet to pay Dr. Pritts $6,010,000 in installments through Dec 2026, with $1M already paid.
- Remaining payments: $755k due Sep 30, 2025; $755k Dec 31, 2025; $1M Mar 31, 2026; $2M Jun 30, 2026; $500k Dec 31, 2026.
- If INVO raises >$2M in any 6-month period, 25% of excess funding accelerates settlement payments.
- Institutional investor exercises Additional Investment Right, acquires 400 shares of Series C-2 Preferred for $400k cash, conversion price adjusted to $0.7141.
- Settlement terminates all transaction documents, purchase price adjustments, and restrictive covenants; Dr. Pritts released from non-compete.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1417926/000149315225016850/0001493152-25-016850-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1417926/000149315225016850/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-016850

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