secwatch.observer — SEC 8-K summary
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Issuer:     SHOREPOWER TECHNOLOGIES INC. (AETN)
CIK:        0000764630
Form:       8-K
Filed at:   2026-07-07T21:09:24+00:00
Accession:  0001493152-26-032365
Event type: m_and_a
Sentiment:  negative
Materiality: 0.80
Item codes: 2.01, 9.01, 3.02, 1.01, 5.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Aeternum Health completes reverse merger with Shorepower; new focus on critical minerals and longevity
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- Merger closed June 30, 2026; Shorepower issued 49M shares (51% ownership) and 2M Series B preferred (40 votes each) to Paul Mann.
- Paul Mann appointed President, CEO and sole director; Jeff Kim resigned.
- Company to spin out transportation electrification assets; new focus on critical minerals mining and longevity products.
- Aeternum Health contributed at least $1.5M in assets (mineral sources, peptide IP) and $300K cash.
- Company has accumulated deficit of $8.4M, no revenue, and substantial doubt about going concern.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/764630/000149315226032365/0001493152-26-032365-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/764630/000149315226032365/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-032365

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