other material
confidence high
sentiment negative
materiality 0.85
AppYea enters consulting agreements with CEO and Chairman; issues 1.28B shares at $0.0001
APPYEA, INC
- Monthly fee of $30,000 each to Yakir Abadi (CEO) and Eldar Grady (Executive Chairman), retroactive to Aug 12, 2025, for 3-year term.
- Severance equal to 36 months' base fee if terminated without cause or after change of control.
- Each consultant purchased 638,961,306 shares at $0.0001/share, totaling ~1.28 billion shares, contingent on authorized share increase.
- Anti-dilution protection up to $7M of value received; additional shares issued quarterly to maintain ownership percentage.
- Appointments of Abadi as CEO and Grady as Executive Chairman previously disclosed but now formalized.