other material
confidence high
sentiment neutral
materiality 0.60
Amaze Holdings corrects Series C Preferred conversion price to $0.50 in 8-K amendment
AMAZE HOLDINGS, INC.
- Issued 5,650 shares of Series C Convertible Preferred at $100 per share, raising $565,000; plus warrants for 100% coverage at $0.75 per share.
- Conversion price corrected to $0.50 per share via Certificate of Correction and Amended and Restated Certificate filed April 9, 2025.
- Proceeds used for general corporate and working capital purposes.
- Warrants exercisable immediately at $0.75, expire in 5 years; subject to standard anti-dilution and 9.99% beneficial ownership limitation.
- Company engaged Oak Ridge as financial adviser, paying 8.0% cash fee on gross proceeds from introduced investors.