{"schema_version":"secwatch.filing_event.v1","accession":"0001640334-25-001970","form_type":"8-K","ticker":"VRDR","cik":"0001506929","company_name":"VERDE RESOURCES, INC.","filed_at":"2025-11-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.583587+00:00","generated_at":"2026-05-17T00:36:26.809764+00:00","sec_items":["1.01","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Verde Resources closes $2M strategic investment from Ergon Asphalt & Emulsions","bullets":["Gross proceeds of $2M from sale of 24.9M shares and warrant for 24.9M shares at $0.08018/share.","Ergon is prohibited from selling shares for 180 days after a future firm-commitment IPO/uplist, or until Sept 30, 2026 if uplist not completed.","Use of proceeds for working capital and general corporate purposes.","Ergon granted board observer rights and piggyback registration rights, and a 3-year participation right in future equity financings.","Warrant exercisable for cash or cashless, with beneficial ownership cap of 4.99% (can be increased to 9.99%)."],"urls":{"canonical":"https://secwatch.observer/filing/0001640334-25-001970","json":"https://secwatch.observer/filing/0001640334-25-001970.json","markdown":"https://secwatch.observer/filing/0001640334-25-001970.md","text":"https://secwatch.observer/filing/0001640334-25-001970.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1506929/000164033425001970/0001640334-25-001970-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1506929/000164033425001970/vrdr_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:36:26.809764+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"34780dbc1ce7b8f43ffbcb38b34be0fe7de3cd75","claim":"VERDE RESOURCES, INC. issued 24,943,876 shares of common stock to Ergon Asphalt & Emulsions, Inc. for $0.08018 per share.","evidence_excerpt":"$0.001 per share (the “ Common Stock ”), and a warrant (the “ Warrant ”) to purchase 24,943,876 shares of Common Stock (the “ Warrant Shares ”), at a combined purchase price of $0.08018 per share (the “ Offering Price ”), which represents a five percent (5%) discount to the volume-weighted average price of the Common Stock for the thirty (30) trading days","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1506929/000164033425001970/0001640334-25-001970-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"common stock"},{"label":"Shares","value":"24,943,876 shares"},{"label":"Purchaser","value":"Ergon Asphalt & Emulsions, Inc."},{"label":"Consideration","value":"$0.08018 per share"}],"fact_type":"equity_issuance"},{"claim_id":"419b4f28514d9bd62a6a78921421836e965dffd5","claim":"VERDE RESOURCES, INC. issued 24,943,876 shares of Common Stock of warrant to Ergon Asphalt & Emulsions, Inc. for $0.08018 per share.","evidence_excerpt":"$0.001 per share (the “ Common Stock ”), and a warrant (the “ Warrant ”) to purchase 24,943,876 shares of Common Stock (the “ Warrant Shares ”), at a combined purchase price of $0.08018 per share (the “ Offering Price ”), which represents a five percent (5%) discount to the volume-weighted average price of the Common Stock for the thirty (30) trading days","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1506929/000164033425001970/0001640334-25-001970-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"warrant"},{"label":"Shares","value":"24,943,876 shares of Common Stock"},{"label":"Purchaser","value":"Ergon Asphalt & Emulsions, Inc."},{"label":"Consideration","value":"$0.08018 per share"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}