Farmhouse acquires Thrown LLC (Nappy Boy Dranks) for 25% of post-close shares

FARMHOUSE, INC. /NV

Farmhouse will issue 5,130,000 shares (~25% of total post-close) to acquire all membership interests of Thrown.
Farmhouse must secure $5–10M in financing; 80% of proceeds allocated to Thrown for working capital.
T-Pain named CEO of Thrown, with Jason Tucker as President and Melissa Tucker as COO; each gets $108K base salary.
Board will expand to five members including a Thrown nominee and a Farmhouse nominee post-closing.
Agreements include Earnout (performance-based shares with $0.75 floor), Voting, and Investor Rights & Management pacts.

item 1.01 item 3.02 item 5.02 item 5.07 item 5.08 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Scott Bosick

Director

FMHS · FARMHOUSE, INC. /NV

Effective: 2023-10-13
Successor: Leslie R. Katz
Filed: September 16, 2024, 7:59 PM ET

On October 13, 2023, Farmhouse announced that Mr. Scott Bosick, a member of the Board of Directors, tendered his resignation from the Board, effective immediately.

Appointed

Leslie R. Katz

Independent Director

FMHS · FARMHOUSE, INC. /NV

Effective: 2023-10-13
Filed: September 16, 2024, 7:59 PM ET

On the same day, October 13, 2023, the Board appointed Ms. Leslie R. Katz as an Independent Director, succeeding Mr. Bosick.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Scott Bosick resigned as Director at FARMHOUSE, INC. /NV.

Action: resigned
Role: Director

Exact text from the filing

On October 13, 2023, Farmhouse announced that Mr. Scott Bosick, a member of the Board of Directors, tendered his resignation from the Board, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Leslie R. Katz was appointed as Independent Director at FARMHOUSE, INC. /NV.

Action: appointed
Role: Independent Director

Exact text from the filing

On the same day, October 13, 2023, the Board appointed Ms. Leslie R. Katz as an Independent Director, succeeding Mr. Bosick.

View on SEC.gov

FARMHOUSE, INC. /NV filing history →

Source: SEC EDGAR

accession 0001551163-24-000036

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