---
schema_version: "secwatch.filing_event.v1"
accession: "0001520138-24-000071"
form_type: "8-K"
ticker: "AXIL"
cik: "0001718500"
company_name: "Axil Brands, Inc."
filed_at: "2024-02-15T23:59:59+00:00"
generated_at: "2026-06-06T01:20:23.455308+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# AXIL Brands increases equity plan shares by 15M to 25M total

## Summary
- Amendment to 2022 Equity Incentive Plan: authorized shares increase from 10M to 25M.
- Increase of 15M shares was pre-approved by board and shareholders via Schedule 14C filed Dec 4, 2023.
- Effective Feb 14, 2024; plan also includes annual evergreen increase up to 4% of outstanding shares.
- No other material changes reported; executive and director compensation pool expanded.

## SEC filing metadata
- accession: 0001520138-24-000071
- form_type: 8-K
- ticker: AXIL
- cik: 0001718500
- company_name: Axil Brands, Inc.
- filed_at: 2024-02-15T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1718500/000152013824000071/0001520138-24-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1718500/000152013824000071/rviv20240214_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001520138-24-000071
- JSON: https://secwatch.observer/filing/0001520138-24-000071.json
- Plain text: https://secwatch.observer/filing/0001520138-24-000071.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.